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

To: Steven Angelil who wrote (8891)	11/10/1997 4:42:00 PM
From: John Bloxom	Read Replies (2) \| Respond to of 25960

Can we have some courage, here, please? The intraday charts for INTC, AMAT, ASMLF, and CYMI, to name a few, are all the same. The selling is indiscriminate. It will pass. That these issues will continue downward indefinitely is about as likely as that we will toss out our INTC based PC's because of this afternoon's announcement about the processing error. And as for predicting a recession on the basis of short end of the yield curve (which is where I do all my business), well, there's a fortuneteller I'd like to introduce you to. He's a drunk... John

To: Steven Angelil who wrote (8891)	11/10/1997 5:58:00 PM
From: Elroy Jetson	Respond to of 25960

Gosh! I didn't see the close, roughly 20 3/4. I thought buying a few days ago at a price of 21 1/2 was cheap but I got nervous and sold it this morning at 22 1/4 when I saw the market weakening. My first profit in Cymer! Of course it would not have worked out that way if I had not used limit orders. The market makers in this stock are unusually greedy. I don't like the reward/volitility ratio of this market. I bet this low Sharpe ratio persists until this recession/deflation possibility is resolved in the minds of the investing public.