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

To: Robert Douglas who wrote (24105)	2/1/2000 10:50:00 AM
From: Dale Knipschield	Read Replies (1) \| Respond to of 25960

CYMI is quasi optical company, can we get the words "fiber optics" into the publics perception of CYMI. Why? SDL, fiber optics provider, reported earnings of 32 cents.... .......price as of this a.m.: $264 Looks like we're going to have to suffer through the current market anxiety and the weird (but well-timed?) downgrade from ML before CYMI goes anywhere. For those of us that are long-term, this will make little difference. In the long-run, earnings numbers will embarrass Merrill Lynch, and enrich us. Regards, Knip

To: Robert Douglas who wrote (24105)	2/1/2000 11:46:00 AM
From: Bob Kim	Read Replies (1) \| Respond to of 25960

Robert, The $61 price target is 53% higher than FitzGerald's previous one ($40), but it is pretty much meaningless. It puts CYMI in ML Buy rating (upgrade) territory below $50.83 and in ML Neutral rating (downgrade) territory above $55.45. I wonder if he is considering downgrading his sector. He commented yesterday that the weak seasonal period for semiconductor stocks is near and that June/July could provide the best buying opportunities. But then again, last June he was hinting that it was time to sell. TheStreet.com ought to revisit that particularly bad suggestion since it chose to focus on it at least a couple times. Based on my tracking, FitzGerald's lower-rated stocks tend to outperform his highest-rated stocks and stocks that he has downgraded such as PRIA and VECO have performed better under their lower ratings. BTW, Merrill reiterated its Buy rating on ASML in concert with the CYMI downgrade. Last published price target that I've seen on ASML is $102.

To: Robert Douglas who wrote (24105)	2/1/2000 1:08:00 PM
From: orkrious	Read Replies (2) \| Respond to of 25960

Mark FitzGerald at Merrill Lynch has always worried about the emergence of competition. A little while back he was predicting Komatsu would make gains into Cymer's dominant position. Robert, the lemmings followed Fitzgerald over the cliff, while the smart money was snapping up their shares. We're going higher, much higher. Pascal Didier answered someone's questions about competition. If my memory serves me (someone correct me if if wrong), he said that Lambda said they had shipped a F2 laser but it wasn't production worthy. It was for material testing or some such thing. We're currently at 57 and ascending. Jay