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Technology Stocks : Cymer (CYMI)

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To: Mani1 who wrote (21825)4/27/1999 7:52:00 AM
From: Zeev Hed  Read Replies (3) of 25960
 
Mani, I seems to always be in the minority here. I think that the rise we had from the last spike down was in anticipation of this earning report, the whisper was already at -.09, so the -.08, while nice is no big triumph. The fact that they are forecasting another quarter of losses (.05 to .10) is quite negative, it indicates that their breakeven might be around $50 MM quarterly, thus visibility of earnings more than a buck per year is delayed a little. I say we go and retest $16 again.

Zeev
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