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

To: Doc Savage who wrote (7590)10/31/1997 3:03:00 PM
From: D.J.Smyth  Respond to of 25960
 
with DLJ's underwhelming 12 month price target of $33 and Cymer's lock on the market, more bad news is very doubtful. the shorts have had their day and sent the stock into trash heaven. it is now considered a 45% return from $23 to $33 over 12 month holding period, but we know that $33 is a mite short if they sell 550 to 600 lasers based on Angus preduciton (about 60% more than Bret has predicted)



To: Doc Savage who wrote (7590)10/31/1997 3:06:00 PM
From: D.J.Smyth  Respond to of 25960
 
we finally have an identifiable trough which has been good for $1 gto $2 points in the past with 80% accuracy. 15 min. MACD oscillation - of course, the market will take it where it wills


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