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

To: Ian@SI who wrote (24168)	2/3/2000 12:41:00 AM
From: FJB	Respond to of 25960

Ian, Re CYMI sale: My Semi Equipment holdings are now more than 1/3 of my net worth. While my outlook for the sector remains extraordinarily positive, I feel it is quite imprudent to take as much sector risk as I currently have. I'm retired; and have no intent of ever working for another company again. That desire is not consistent with the sector risk I'm taking in a cyclical industry. Makes perfect sense to me. You would be stupid not to get more conservative with your portfolio, especially in light of how far the sector has come. Bob

To: Ian@SI who wrote (24168)	2/3/2000 9:40:00 AM
From: BillyG	Respond to of 25960

Ian -- I had to sell my CYMI shares last September to buy a house. Since then I've freed up some cash and bought more CYMI shares this week. I think it has lots of upside, but I can understand why you did the wise thing and took your profits.

To: Ian@SI who wrote (24168)	2/3/2000 3:21:00 PM
From: orkrious	Read Replies (2) \| Respond to of 25960

I'm sure I'll be proven wrong quite soon and for at least a couple years, if not forever. Ian, I'm sorry to see you go. You were one of several people that helped me keep the faith during that period of dark despair <G>. I can't blame you though. I'd do the same thing in your shoes (well, close, I would have sold some other semi equip, not CYMI). Jay

To: Ian@SI who wrote (24168)	2/6/2000 10:12:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 25960

Ian, I think it is a wise decision. You may want to look at some biotech which still have some serious growth which is not cyclical in them, I still like QLTI long term. I also think that the old stodgy T is shaping itself up to be a serious gorilla, FWIW. Last, other suppliers of "picks and shovels" to the internet are still facing some major non cyclical growth. In general, however, I fear that we are rapidly approaching a cyclical high in the market and overvaluations that are maintained only due to the very high excess of liquidity in this market. The IPO craze will eventually soak up a big chunk of this excess liquidity, and we may go (next year) into a more severe bear market, where some of these fine companies will be available at a very nice discount to present values, all, IMHO. In the meanwhile, enjoy the current bull, since it is not over "until the fat lady sings..." (VBG). Zeev