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: orkrious who wrote (24951)	6/19/2000 12:26:00 PM
From: jghutchison	Read Replies (1) \| Respond to of 25960

Jay, Is good news good news, or is good news bad news? Fundamentally nothing has changed that materially impacted Cymer's earnings growth prospects. (Is Cymer merely a great low risk, growth stock, or just a fantastic value play?) I consider Deahna's last downgrade as nothing more than a good market call on his part. (Double top timed with the market meltdown). Will Merrill Lynch follow? Always consider the source. Analysts are nothing more than high paid salesmen for the brokerage houses. Their reports stimulate trading and commissions. That is what it is all about. A skilled trader will learn to ignore the pundits, and draw his own conclusions from his due diligence. I took maximum advantage of the selloff and loaded up in the low 30's on this cycle after breakout of the downtrend line. I sold in the mid 60's based on the double top and oscillator divergence. I now own twice as many shares. And my average cost basis is still way down there. Thank you Jay Deahna. Jack Hutchison