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

To: Mr. Aloha who wrote (12443)	1/8/1998 11:52:00 PM
From: pass pass	Read Replies (1) \| Respond to of 25960

Nikkei down 0.61%, S. Korea down 2.8%, big deal.

To: Mr. Aloha who wrote (12443)	1/9/1998 12:31:00 AM
From: Yakov Lurye	Read Replies (1) \| Respond to of 25960

We may get lucky with 259-260 support holding tomorrow, but after keeping CYMI through last Q, I can take another bad day in stride. Since October, once a month a bad day in Asia (or an Asia-related earnings debacle) causes a serious turmoil in US equities. Most likely, we'll have a day like this in January, the question is how much damage will it cause. In my book, a monthly low for SOX above the previous low of 243 will be satisfactory. In relative terms, semiconductors and selected semi-equipment manufacturers, CYMI included, should outperform S&P this year. Of course, this in itself does not always guarantee positive returns. Good luck Y.