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

To: TideGlider who wrote (15647)	3/9/1998 8:26:00 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 25960

After 3 days of earnings warnings from large-tech companies and the fear of more on the way, the attitude on Wall Street has become "if you don't have earnings, you can't disappoint," as investors flocked to the "safety" of essentially profitless Internet stocks. The big worry for Paul Cook (Munder Fund) is down the road when these companies turn the profit corner. "The concern in our group is when a company starts making a profit -- then valuation models come into play," he says. "You almost hope that they continue to lose money because traditional models come into effect," making their prices seem "absurd." thestreet.com By TheStreet.Com Funds Staff 3/9/98 7:33 PM ET