Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gemini who wrote (22702)	7/26/1999 3:17:00 PM
From: Darryl Olson	Respond to of 25960

I don't mean to question the downgrade (from Reduce to Sell). However, I did some checking on it - it was done by HSBC Securities. I noted that they downgraded ASML in January from Neutral to Reduce. Since January, ASML has gone from $30 to $60. Looks like they called that one correctly. One other firm, Deutsche Bank, provided a downgrade during this time. All others were upgrades or initial ratings of Buy. The majority have buy or outperform ratings. Could be that the stock has gotten ahead of itself. I hope this is the case and not something indicative of a fundamental problem.