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

To: Candle stick who wrote (9111)11/11/1997 7:39:00 PM
From: Paul Franklin  Read Replies (2) | Respond to of 25960
 
Candlestick,
I tried to do some bottom fishing at 23 and barely got out last week. I don't think I can call this bottom but I also think CYMI is undervalued with what we have seen to date. I have been looking for a day where things are shaken out as a new entry point. I think that CYMI will need a 10+ million share volume day with a steep drop and strong recovery to do that. What could really be used right now, of all things, would be another false rumor to break. People would say enough is enough all ready and start buying in. Got any ideas? JMO.
Paul



To: Candle stick who wrote (9111)11/11/1997 7:52:00 PM
From: D. K. G.  Respond to of 25960
 
Candlestick, I find your opinions are astute and very informed. I was an early buyer of cymer and the past 2 month has been a very good learning experience in getting into this decline too early. Stabbed by the falling knife. My recent purchases are smaller relative to my initial 2 in NOV 96 and March 97 and I've had the good fortune to be still avergaging up. Another 2 Pts down and that won't be the case. Still got some powder dry.

Thanks for contributing,

Denis


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