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

To: Yakov Lurye who wrote (8939)	11/10/1997 10:54:00 PM
From: Jess Beltz	Read Replies (2) \| Respond to of 25960

Yakov, I appreciate the attempt to cheer me up, however, I must consider the cold hard reality of the facts here. I just finished some scenario analysis on potential future share prices. Currently, I am long 9,000 Cymer with nothing left...no cash, no more stock left to sell. I have $52,000 equity in my combined accounts and I'm at the 30% limit or under, AGAIN. If the share price drops from here to $15.00, I'm wiped out, totally, period. I cannot pin my hopes on a rebound from here. That would be idiotic. One more week like the last one and I'm a gonner, and the tech sector, for better or worse, seems verboten to the average investor. People are not queueing up to buy this company's shares, regardless of any story about how much of a screaming buy it is. I advise everyone out heavy on margin in this market to consider what the debt overhang will do to your equity balance as the share price hypothetically falls. A simple spreadsheet analysis will do the trick. I will hold on to as much as I can, but some of it will have to go to reduce outstanding debt NOW. I have gone as far with the stock as I can, and it has bled me dry. jess.