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


To: Mr. Aloha who wrote (401)2/11/1998 11:45:00 AM
From: TI2, TechInvestorToo  Read Replies (1) | Respond to of 582
 
Breifing.com : Semiconductor Equipment

Brief: Since reporting earnings of $0.52 and delivering cautionary forward comments, Applied Materials has held its own in after hours trading... Early take on cautionary comments is that steep price drop late last year anticipated sluggish '98... But company's comments are alarming... They don't expect book-to-bill to exceed 1.0 until the fourth quarter at the earliest... Sees operating results below prior expectations... Finally, price weakness being cited as cause for concern - not just Asia... While bullish tone of the market may enable stock to shrug off report over the near-term, would use any additional near-term gains to reduce exposure to stock... Kulicke & Soffa surged 2 15/16 as Cowen & Co telling investors that stock could deliver upside earnings surprise in Q2... ETEC Systems another big winner (+1 1/8)... Stock testing key resistance at 47... Close above this ceiling would leave stock ready for n/t run to the 55-57 range
TI2

PS: Aloha, surprised you are new comer to CYMI stock. Thanks for the posts, they help this (6mos) newcomer alot.