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


To: Greg Jung who wrote (25562)9/29/2001 12:47:05 AM
From: cluka  Respond to of 25960
 
Greg,

CYMI did not split since 10/98



To: Greg Jung who wrote (25562)9/29/2001 9:06:29 AM
From: Proud_Infidel  Respond to of 25960
 
No splits for CYMI since '98.

Edit: sorry, I saw that cluka already posted that.



To: Greg Jung who wrote (25562)9/29/2001 11:00:12 AM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Greg, as mentioned already by two posters, CYMI did not split. In 98, my outrageous cycle bottom was $13 and we ended up at half that much, goes to show you that I am quite an optimist. I did not think that we would go much under the high teens (Brian was complaining just few short months back that I failed to "deliver" the high teens in CYMI, I am sure he is happy now.) on this decline.

By the way, Greg, the numbers we are seeing here on CYMI are close to what I suggested the cycle low will be. I had suggested in April of 2000, very near the top of CYMI that CYMI would reach a cycle low of $15/20 (#reply-13342996), I reiterated that number in the period leading to November (#reply-14784549) to $13/$14, that was also when I felt the cycle bottom for AMAT would be in the $24/$26 area (#reply-14796673). By the way, on that one the timing was early April, and history once more proved my timing wrong, we had a good bottom, but not the bottom of $24/$26 on AMAT. And while in late November early December, I suggested a strong rally into mid January, I still maintained at the height of that rally (end of January) that the teens will be seen again (I had "only" $16, by then #reply-15272237). When asked in mid July what would be an "uncomon" value for CYMI, I had $15, but doubted very much it will get that low (ever optimistic- #reply-16082287). Thus as is usual, am too optimistic about the sector. Right now I ave some CYMI at $21 (ouch) and I have an "outrageous" doubling bid at $10.5, but if this rally can get CYMI back to about $21/$22 (the next overhead resistance), then will probably sell in the hope of repositioning myself some 20% lower.
Zeev