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


To: Steven Angelil who wrote (7509)10/31/1997 12:17:00 PM
From: Darryl Olson  Read Replies (1) | Respond to of 25960
 
Steve - unfortunately I went through the exact same scenario with C-Cube. It will pass and the price will rise. As I have mentioned in the past, Cymer has suffered significant psychological damage. This, in conjunction with low volume, gives the shorts and MM's the upper hand. Eventually, the fundamentals will prevail. I suspect the ride will be ugly for awhile.

However, how many other stocks can you name that have a lock on their market, are targeted to grow at 40% or more (probably for the next 5 years) and are trading at a PE of 22? How do you spell "sure thing?" Be patient, tuck it under your mattress and look at the price in 12 months.