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Technology Stocks : Cymer (CYMI)

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To: acidman who wrote (20793)1/30/1999 1:38:00 PM
From: Zeev Hed  Read Replies (3) of 25960
 
Acidman, RMBS has just crashed, but i would not jump in yet (but it is getting close, like the low 60'?). Also, the commodities sector has crashed (Oil, gold etc), and I would not jump there either right now. Maybe you should try some "mail orders" houses, these companies already have a customer base and it is a cinch for them to spread into the e-commerce side of the business. One I am in right now (and enjoying the ride) is PROG.

As for CYMI, I think it will retrench some next week and you may want to jump in for the next near term target in the low 40'? VECO has been trashed a little, and IMHO is now in a buying range as well.

Good luck.
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