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

To: Gary Hoyer who wrote (6438)	10/25/1997 8:39:00 AM
From: DAVID BANISTER	Respond to of 25960

Gary, you commented: " IMHO, amazon.com is wall street lunacy! Yeah, dump your tech stocks and buy this baby. Hey, they only LOST 8.5 million this quarter and that was better than expected, I think I'll bid the stock price up today almost 12% to over $60. Never mind their 3Q loss was MORE than their 2Q loss of 6.7 million and way more than their year ago 3Q loss of 2.4 million. This thing went public in May for $18." I cant agree more...what the heck is up with wallstreet paying so much for alow margin company like amazon with no barriers to entry...like none! Cymer has strong barriers to entry, an 80% or higher market share, a quite impressive management team from what Ive seen. Margins that will improve as they ramp up further production, and profits and sales that will soar in next few years! Its crazy man, thats why I was in there yesterday morning during the panic selling and I was buying with both hands!! Good Luck to all... remember, watch the calendar, not the clock... give it some time... but this stock will catch fire again, maybe not in this quarter, but next year it will at some point...my 12-13 month target is $60.