Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Justa Werkenstiff who wrote (20622)	1/28/1999 6:41:00 PM
From: Justa Werkenstiff	Read Replies (3) of 25960

Justa gets call of the month on CYMI: Message 7226195 I see this as mainly short covering in anticipation of earnings. ASMLF has not moved with CYMI on this run. See: techstocks.com Also: techstocks.com Usually, ASMLF trades at a 2:1 price premium. Recall also that CYMI has an inventory channel surplus of lasers to deal with at the OEM. Note also that the likes of ASYT and PRIA have not met or exceeded earnings expectations. Both of those pups are topped out at the $30 range for the moment. So I do not think this is a news related run and see we could be getting to a run peak any day. CYMI is my largest position in this sector. Sold off 3% today for the first time during this run. Will sell some more if we get another spike up tomorrow. See trading of April, 1998 for similar run history. I would be careful going long at $28 or above at this point in the cycle and with market froth providing a backdrop. Long term, you have to like this company's potential.

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