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

To: Steven Angelil who wrote (10500)	11/25/1997 9:26:00 AM
From: Jess Beltz	Respond to of 25960

Steven, lighten up brother. It is true that the stock has disappointed us and the market has punished us, and may do so for a while yet. It is also true that I was also in deep despair today, watching the Nikkei plunge 854 points and wondering what that would do to Wall street. But I believe (1) that the story surrounding the stock is true, and (2) that the market is blind to it for the moment. If I were simply playing a hunch, my sanity would be in question (maybe it should be anyway.) However I believe I understand the nature of the misconception (see posts 9896 and 10285 again.) The market can't see clearly now because of fear, both on the international scene, and in the semiconductor market, which it doesn't understand. If I'm correct, when the fear dissipates, and the accelerated earnings come in, the stock at its current price represents buckets of cash laying on the street. I don't think it will be ignored. Do NOT take my opinion, but form your own. Throw out the doom and gloom, and the the moonride projections, and do your best to understand why the stock is where it is, and where you think it's going. Then do your thing with it and don't look back. I obviously made a mistake to buy in full blast when I did. However, were I in the EXACT same situation, with the same facts before me, I have to admit that I probably would do it again. There are a lot of things working against us right now, but I don't think truth is one of them. I think truth is still on our side. jess