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


To: Gary Hoyer who wrote (10049)11/18/1997 7:44:00 PM
From: Mason Barge  Read Replies (1) | Respond to of 25960
 
<<unless there is somthing out there that the big boys are keeping a
secret>>

It's no secret anymore. Canon and Nikon can't get working steppers out the door nearly as fast as they had hoped, and the market for DUV lasers in the immediate future is not as big as everyone had assumed. Cymer and ASMLF traded way off the market today. The average semiconductor equip stock was off 3%, Cymer and ASMLF were off about 8%.

Perhaps there isn't much more downside for them, as these factors have been pretty well priced in at this point. I think most people expect stepper deliveries to pick up steam in about three or four months.