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


To: James Connolly who wrote (11528)12/14/1997 3:55:00 PM
From: Mr. Aloha  Read Replies (1) | Respond to of 25960
 
Check out EFII. The stock has fallen something like 60% on Friday.

Lehman downgraded the stock from Strong Buy to Hold and it TANKED. After seeing how far the stock fell they CHANGED THEIR RECOMMENDATION TO BUY - the sell-off is overdone they feel.

Watch out for the open ASK but it's probably worth a few points if it opens low enough. The closing ASK was just below $15. Lehman feels a more appropriate price is in the low $20s.

Have fun...

Aloha