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

To: damniseedemons who wrote (6150)	10/23/1997 11:51:00 PM
From: Stoctrash	Read Replies (3) \| Respond to of 25960

Sal is right here guys...when there is doubt GTFO!!! Thats what happend, then the rummors, then the downgrades....and here we are today.

To: damniseedemons who wrote (6150)	10/23/1997 11:52:00 PM
From: FJB	Respond to of 25960

Cymer crashed because it was fully valued short-term at $49 and "the rumors" surfaced. If the analysts were so smart, shouldn't they have downgraded at the high $40s. The analysts must have believed the rumors, because they downgraded after the drop(instead of believing management). Some people here who trusted management stand to profit from the analysts' mistaken judgements. It's pretty clear. Bob

To: damniseedemons who wrote (6150)	10/24/1997 12:01:00 AM
From: Terry W Weaver	Respond to of 25960

Sal...prior to the Needham walk out and subsequent to that event, nothing fundamentally had changed...the Analysts and their firms started a sell off, you know...sell now and ask questions later...only to start the decline, they followed with a downgrade based on some trumped optics/fused silica problem without bothering to check with Cymer or their suppliers before initiating the downgrade...causing the crash as you put it.....Yes the Analyist were wrong on this one and caused CYMI and their stockholders a lot of undeserved grief...IMHO Regards.......TW

To: damniseedemons who wrote (6150)	10/24/1997 12:48:00 AM
From: Gemini	Read Replies (1) \| Respond to of 25960

Sal, you and the analysts were and are wrong. Management flatly said on numerous occasions that "it is business as usual". It gave no warnings to the contrary. It seems to me that if an analyst is really doing his or her job the long term business prospects would be more important than just the passing 90 days. But that would be expecting too much!! Good luck to you, Allan