Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Duane L. Olson who wrote (21183)	2/25/1999 12:04:00 AM
From: Ian@SI	Read Replies (1) of 25960

Ahhh, foiled by the fickle bond market.... It depends upon one's convictions. Will the bond traders get over the 2 Year Treasury Auction not having a Bid to Cover ratio greater than 1.6? ... or will they continue to take long rates up over 6%. I still believe that the long term rate direction is down. ... and will be for a few more years, somewhere between 4 and 15 more. Both company and sector fundamentals are improving rapidly. While CYMI is not immune to overall market moves, betting against it relative to the sector at this time doesn't seem particularly wise. JMHO, Ian.

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