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


To: TideGlider who wrote (11276)12/9/1997 4:15:00 PM
From: Rookie  Read Replies (1) | Respond to of 25960
 
Looks like we have had some serious buying right before the close the past two days. Maybe someone is starting to accumulate and will give us an upgrade when they are finished buying.



To: TideGlider who wrote (11276)12/9/1997 4:48:00 PM
From: Yakov Lurye  Respond to of 25960
 
TG, just wait till January and we should see some active buying.

For now, I am happy that today's seloff in semis (SOX down 11 points) left CYMI almost untouched. Month ago CYMI would be down at least a point on a day like this. Also, did you notice that on the down days the price now goes up in the last minutes? Looks like traders do not want to end the day in a "short CYMI" position.

I am also happy that First Call EPS for the quarter is low .22 (and would be even happier if it was .20)

For now, let the analysts sleep - when the sector is under pressure, upgrades are ignored, only downgrades have big effect.

Just hoping that SOX will stay over 280 - I am kind of tired of averaging down.

Regards,

Y.