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Technology Stocks : Cymer (CYMI)

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To: Doug Skrypek who wrote (21489)3/26/1999 11:37:00 AM
From: Robert Douglas  Read Replies (1) of 25960
 
Doug,

You will forgive me if I don't heed your call to get out of Cymer. If I followed your advice on oil, I would have exited my very profitable positions in oil service stocks following your post on March 11. This is what you wrote:

<<Guys: I think everyone needs to calm down a little bit. This move is based solely on rumors of an OPEC production cut.

Venezuela has said they are NOT going to cut, Nigeria can't afford to cut, Russia won't cut, Mexico and other Latins cannot afford to cut.

This rally will stall.
>>

Subsequently this “rumor” became fact; Venezuela agreed to cuts as did Russia and Mexico and other Latins. The rally has not stalled and my positions are 10% higher than they were 2 weeks ago.

You seem to have a penchant for stating as certainty what is entirely your own speculation. In the case of oil, you have been dead wrong so far. What should make us believe that your statements on Cymer are any more accurate?

-Robert

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