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


To: Gerald L. Kerr who wrote (8245)11/5/1997 11:21:00 AM
From: ben luong  Respond to of 25960
 
Any negative news for CYMER?

It's amazing that people were so jubilant about Cymer when its earning
came out less than 2 weeks ago, and then the stock tumbled more than
20% (from 28 1/16 to a low of 22.5) in less than 2 weeks upon no change of the company's fundamentals. Then about a week ago, people
suddenly became so pessimistic, and then in the last 2 days, people
turned exuberant again as the San Diego conference unveiled itself.

I think for a stock like CYMI with a float of only 6.6 millions, it is
subjected to manipulation by MM and day traders, especially if it is
traded on the NASDAQ. This is the risk CYMI investors have to take. But CYMI's fundamental looks good and in a long run, I think CYMI investors will win.

I am hoping the January effect next year will be beneficial to Cymer.