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


To: esl who wrote (22774)8/1/1999 10:24:00 PM
From: orkrious  Read Replies (3) | Respond to of 25960
 
I just wish I can get them back at that price although I still have 3,000 shares on hand.

That is the problem with trying to "trade" stocks with superb fundamentals. The one time you get out expecting to buy it back cheaper, it keeps going. With CYMI's effective monopoly on the next generation of semiconductor mfg, it is a toll collector on the info highway. If you want a smaller, faster, and cheaper chip, you are going to have to give a few cents to Cymer.

The best thing to do with Cymer is hang on until 2001-2002, when the 300mm fabs are going great guns. CYMI will be over $200 then. Even the best trader who gets in and out properly probably won't be as well off as those that hung on and only paid 20% in long-term cap gains.

Jay