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


To: Mark who wrote (11951)12/25/1997 1:16:00 PM
From: Zeev Hed  Respond to of 25960
 
Mark, we could have a bounce, I doubt it would go to 20, 17 to 17.5 is the best I can see right now. My tea leaves however indicate a greater probabability of a break of the recent low to my original target of 13. Furthermore, I am no longer so sure that 13 will be it. Now, the earning might be good (just like the last earning of APM where "good"), but the market is going to look at the "forward looking statements" and CYMI cannot make too positive a forward looking statement even if they think their part of the market is immune to the recent problems. If there were to be pre earning strength in the stock, it should not have made new lows while AMAT had its small rebound.

I could discuss more in depth my bearish sentiments, but prefer not to do it on the thread since too many people take these personally. Why don't you take this of line, my E-mail is in my profile.

Zeev