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


To: Zeev Hed who wrote (11984)12/26/1997 7:18:00 PM
From: Narotham Reddy  Read Replies (2) | Respond to of 25960
 
> Is the IPO price a unique inviolable level?

No, look at SYNT, a Y2K player whose IPO was around $11 and
traded as high as 18+ a few months ago and took a nose dive to
8 1/2. In the last five sessions it has staged a dramatic
recovery from 8 1/2 -> 14 3/8 without a recess. There was
no news either to support this spurt.

I do believe the same is approaching for CYMI. This thing can't
go down forever. Once the tax flu is over and the earnings
approaching, we will be in for at least a moderate gain.

Simply can't imagine where CYMI was in Sept and where are we
today ? Even a bottle of antacid wont help me, most definitely.

Narotham



To: Zeev Hed who wrote (11984)12/26/1997 10:12:00 PM
From: MRothaus1  Respond to of 25960
 
Cymer's IPO price was $9.50, but the shares have split 2-1 since then, so the comparison IPO price is $4.75. On the 1st day of trading, it sold around $15 ($7.50 in today's shares).