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

To: Curlton Latts who wrote (15409)	3/4/1998 10:22:00 PM
From: Mr. Aloha	Respond to of 25960

Concerning what we may see... Later, Intel said its first quarter revenues would be down about 10 percent from the $6.5 billion earned in the fourth quarter and net income would be below expectations. Implied volatility for March at-the-money calls was around 35 percent at the close. ''They're going to take (volatility) up.... The whole sector will be affected,'' said options analyst Paul Foster, editor and publisher of 1010WallStreet. Jay Shartsis, director of options trading at R.F. Lafferty & Co, said implied volatility on Intel options could top 50 percent. ''Intel doesn't often come out with this kind of warning,'' he said. ''The whole sector, the whole market will be hit tomorrow.'' ----------- After seeing what the market has done lately I wouldn't rule out a major down at the up and strong support at the close??? Who knows?? I will place an order for CYMER at $16 tommorrow on the hopes that a sudden fall will trigger my order only to have it close at $19 again??? I'm also placing orders for THQI and QDEK way below current prices. If my orders don't go.. (probably not) then I'll wait a while before buying. Aloha

To: Curlton Latts who wrote (15409)	3/4/1998 10:33:00 PM
From: Candle stick	Read Replies (2) \| Respond to of 25960

Curlton, never been short CYMI....you have the wrong guy. I was a big buyer at 15-17 dollars and a seller early on at 22....then after the dip and pop above 22 I was advocating buying the breakout to many people....I bailed at 21 3/8 when it clearly failed..... Sounds to me like you are the one getting your clock cleaned.....don't cling to hopes about share buybacks....the company may or may not buy anything back. In the meantime, the reality is that the tech sector is going to be KILLED tomorrow, and it will be followed by many more analyst downgrades and warnings from other companies related to semi conductor manufacturing. Don't turn a blind eye to the truth. Cymer, unfortunately, will most likely take another dive to retest the bottom...in a couple of weeks if it holds, then you can buy it. Don't try to send people into the market tomorrow trying to catch falling knives. At last check INTC was down 11 at 74 and the Nasdaq was down 30....that's limit down for the Globex session. You can afford to wait a few days to buy.......good luck to you.......;^)