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

To: Elroy Jetson who wrote (15650)	3/9/1998 8:38:00 PM
From: TideGlider	Respond to of 25960

ELROY: That is the absurdity of this market. It's a sucker play as they bought millions of shares and continued to insulate them. They will perform the same cannibalistic slaughter as they have to all favorites. The only play for the sane are puts as we never know when they will pull out the carpet. Not long I suspect. Just as they did to all the little biotechs. Then they will take the profits and reinvest them. :) TG

To: Elroy Jetson who wrote (15650)	3/9/1998 10:31:00 PM
From: Tulvio Durand	Respond to of 25960

Ad absurdum maximus: 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." I shall never forget the above passage. It clearly has to take the honor as the most absurd investment reasoning ever presented. And yet, as absurd as it is, it makes sense. Oh my God! Tulvio