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

To: Mr. Aloha who wrote (14712)	2/16/1998 2:11:00 PM
From: Apple12	Read Replies (2) \| Respond to of 25960

Quote from Jim Jubak Microsoft Investor Article. "6. Confusion among analysts is an indicator too -- of a high-risk situation. Analysts can't agree on Cymer. On Jan. 30, Adams Harkness raised the company from "market underperform" to "market perform" -- that is, from cool to tepid enthusiasm. That was the same day Donaldson Lufkin & Jenrette downgraded Cymer from "buy" to "market perform." And finally, Morgan Stanley upgraded the stock to "outperform" from "neutral" and set a 12-month price target of $21 a share on the $15 stock. The divergence isn't surprising. Cymer's lasers are used to etch circuits onto silicon. Strike One -- the turmoil in Asia has knocked the entire semiconductor-equipment industry for a loop as manufacturer after manufacturer has cancelled orders. Strike Two -- Cymer's lasers are a cutting-edge technology that carries its own high level of uncertainty. The stock, which hit $48 in August, now trades for less than $20. What's a reasonable value? Don't expect the analysts to settle this one for you. But they have at least warned you that buying Cymer isn't an investment, it's a roll of the dice. " Therefore all of us Cymer longs are just a bunch of gamblers, maybe we should all meet in Vegas and put our money on black.