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Technology Stocks : Trikon Technologies - TRKN -- Ignore unavailable to you. Want to Upgrade?


To: ForYourEyesOnly who wrote (543)11/12/1997 11:05:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 926
 
THC> I have been watching with a pinch in my heart how Cymer is declining and few times in the last month I was ready to pull the trigger. Unfortunately, I do not see a bottom right now, and the action of the stock is just mirroring the poor state of affairs in the semi caps in general. I would not touch it until it has either a capitulation stage, or a nice double bottom, or, there are solid signs that the leaders of the group (AMAT and KLAC) have turned. I think that watching the last two for a sign of reversal in the semi's is probably the safest thing to do if you think you must own some semi-cap. I own none right now, and believe me, I have been sleeping quite well.

Zeev