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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (22378)	7/3/1999 10:37:00 PM
From: orkrious	Read Replies (1) \| Respond to of 25960

Jerome, re When will CYMI break 30. I have given up trying to predict short-term price moves for CYMI. I know it has to hit 30 before 100, but I can't say with any certainty when it will hit either. The way many other stocks in this sector have moved (take a look at PRIA) I would have expected 30 by now. One major difference between CYMI and other semi-equips is that CYMI's technology is new. Other companies were successful during the last up cycle. CYMI wasn't even on the map then. Consequently, it has to prove itself. The thread has been relatively quiet for the last couple of months. The reason, IMHO, is that the long-term holders are certain that CYMI's day will come. It is a matter of the market recognizing it. (The same thing happened with QCOM.) I am not trying to time this one. Linewidths are getting smaller, 300mm is coming, and I am comfortable just sitting back and waiting. Jay

To: Jerome who wrote (22378)	7/4/1999 2:02:00 AM
From: FJB	Read Replies (2) \| Respond to of 25960

Well Jerome, I'm not a fortune teller, but I'll estimate Cymer's stock breaks through $30 around the next earnings report, plus or minus a week(this is obviously a guess). I hope other people can give you a more accurate answer to When will CYMI break 30.? What is Jerome's estimate for the the week in which the stock may break through $30? Zeev is the master of short-term stock price predictions, so maybe we should ask him. What are the turnips saying about a run past $30? The run past that number is certainly dependent on the overall market and the sector. They are both due for a rest, but I think my guess is doable for the stock. Bob

To: Jerome who wrote (22378)	7/4/1999 2:12:00 AM
From: Clarksterh	Respond to of 25960

Jerome - In regards to your 'puzzlement' (i.e. sarcasm) as to how people can predict the price two or three years from now and yet they cannot predict when it will break through 30: The greatest living investor (as measured by the only thing that should count in this field - money) made his money even though he suffers from the same 'shortcoming'. And his answer is that, day to day the market is a crap shoot, but in the long run it behaves much more rationally. If you can make money off of short term movements, more power to you. I can't and so I don't try. Clark