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Technology Stocks : Cymer (CYMI)
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To: zturk who wrote (20503)12/29/1998 2:40:00 PM
From: Zeev Hed  Read Replies (2) of 25960
 
DAN, as i said earlier, the range was $15 to $17, the fact that we broke $15 yesterday, was bad, the fact that $14.5 could not hold, is, IMHO, ominous, I think the stage is set for a deep fall, $12 as I said and maybe even just above $10. CYMI being a leading indicator, IMHO, I think we can expect the equipment sector to take a breather, even if the chips retreat only lightly, thus $35 in AMAT is now quite a possibility.

Zeev
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