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

To: esl who wrote (22797)8/3/1999 5:13:00 PM
From: Darryl Olson  Read Replies (1) | Respond to of 25960
 
If you look at the daily chart it appears there was an effort to take out some stop losses at $30. Afterward there appeared to be slow, methodical accumulation for the remainder of the day with a small buying flurry during the final half hour.

When volume is light, as it was today, there is more opportunity for price fluctuation from day traders, shorters, MM's, etc. Of course, this is purely my opinion and it is not based on any significant technical analysis on my part.



To: esl who wrote (22797)8/4/1999 1:10:00 PM
From: Nikole Wollerstein  Read Replies (1) | Respond to of 25960
 
I do not use Trailing P/E :based on the trailing P/E CYMI should be below 10$
But more than 30 for $1 of next year earnings? is not it too much?

I guess everybody already noticed declining highs? And I would not bet on 25 support level.

CEO Fairchild semi on CNN today mention that his co does not use litografy


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