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

To: John Bloxom who wrote (11362)	12/11/1997 9:57:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 25960

John, the impact of cuting out some 5 to 10 billions of future semi equip. from the foreseeable future will impact all companies in the sector. I have been trying to warn of the overcapacvity now since before the October massacre. Zeev

To: John Bloxom who wrote (11362)	12/11/1997 1:35:00 PM
From: daniel yeung	Read Replies (1) \| Respond to of 25960

Near term, I think all semi-equp stocks will under pressure until the leading stocks such as AMAT, KLAC, NVLS find their bottoms. When ? it may be AMAT at 20 KLAC at 30 and NVLS at 25. CYMI should found support at 15. Since I owned CYMI stock at average price around 25. The only thing I can do is to sell the May 25 cover call. I think the Asia problem should be fixed around mid of Next year. regards daniel

To: John Bloxom who wrote (11362)	12/11/1997 9:21:00 PM
From: Elroy Jetson	Respond to of 25960

I recall complaining on this BBS that Cymer's managment were not reassuring investors their earnings would remain on target, at a time When Scott Kullicke told analysts that Kullicke & Soffa were on track for record earnings right on schedule with no slow-down expected in Asia. Well, now we see Kullicke & Soffa down 29% in one single day on advice of missed earnings. What impact will K & S have on Cymer? I'd suggest that K & S has a lot of down-side catching up to do. While Cymer at 17 after dipping to 16 1/2 for the second time in a month is not fun, its looking more bottomed than ever. How horrible it would be to sell Cymer just to buy a stock that hasn't yet had it's valuation chopped. Market valuations are finally beginning to look a lot more attractive.