Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: C E D who wrote (12064)	12/29/1997 3:40:00 PM
From: Czechsinthemail	Respond to of 25960

Ed, I agree that the long term picture for CYMI looks very strong. While I'm expecting a relatively strong earnings announcement for this quarter, I think the real action will be looking forward. The combination of tax-loss selling and fears about semi-equipment stocks generally have combined to hit CYMI pretty heavily. However, once the focus shifts from short-term fears to longer term opportunity, CYMI will begin to take off. Once the stock price starts moving up again, it is amazing how sentiment changes. Baird

To: C E D who wrote (12064)	12/29/1997 4:06:00 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 25960

Using the current top tax rate of 28%, a capital gains rate of 21% (if memory serves correctly) saves you 7%. If Cymer rises from $15 to $45, holding for 18 months to qualify for a Captital Gains Tax Rate will save you $2 a share on a $30 profit. If your money is in an IRA, the tax savings are zero. For this reason, I believe tax rates are too low and the holding period too long to make tax consequences an important part of investment strategy. If Cymer were at $45, a $2 move up or down might be typical volatility for a single day.