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Technology Stocks : Cymer (CYMI)

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To: Zeev Hed who wrote (21050)2/8/1999 6:32:00 PM
From: Rob C.  Read Replies (2) of 25960
 
Zeev,

I decided to hold, I looked at the chart and it seems that if we break $30.00, the sky is the limit. A first glance, I thought you were a genius this AM,(selling the open)then when the stock came back and closed strong, I was feeling equally as smart for holding.

I am wondering out loud here, but please humor me. The ramp up for next year should start next quarter, if the smart money knows this shouldn't they be buying ASMLF, AMAT, CYMI, NVLS, ect...now??? I don't know if this is another false start or the start of the next wild ride up??? Seems to me that if CYMI break $30.00, there will be little selling pressure.

You will probably be right and CYMI will be in the low 20's next week, but I sold half my CKFR too early, only to see it almost double a week later. I am not saying that CYMI doubles next week, but the possibility exists.

Regards,

Rob
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