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

To: Char Govar who wrote (16103)	3/29/1998 8:07:00 PM
From: Greg Jung	Respond to of 25960

Yes Char, small means low power which is required. Lower the power and you can bump the functionality. CYMI had a tremendous growth after the IPO which investors extrapolated to value the stock much higher than reasonable. It might still be that high, and this thread would be filled with rapid "defenders of the faith" had it not hickupped in the PR department, and recieved some serious mud-slinging by speculators on the short side. (You know the type, the "Mr. Master of the Universe" short seller -g-). So it sold off premature to the sell-off in semi equips, generally. But the slow-down in the semi equipment is real, fabs are getting delayed and currencies are getting squeezed. The earnings coming up will look bad, and we should get updates to the industry outlook. To freshly step in, here looks to be safe although with a small token to begin with, because it can certainly retest the 14-15 level so save some powder for that event. And be ready to hold what you buy. Greg Greg