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


To: Butcher of Bagdad who wrote (16262)4/2/1998 10:35:00 AM
From: Elroy Jetson  Respond to of 25960
 
So you're going to short Cymer this morning and collect your profits this afternoon - sounds like easy money. What price did you short at?

Cymer needs more Shorts for the next move up.



To: Butcher of Bagdad who wrote (16262)4/2/1998 11:02:00 AM
From: Tulvio Durand  Respond to of 25960
 
Get ready for the "Cymer slide" this afternoon. Perhaps not. The US and European markets shrugged off Asian markets woes, SOX is gaining strength, AMAT is up 5%. CYMI dipped early and is recovering. If market holds, CYMI could breach 24+. Keep an eye on the wind SOX. Tulvio



To: Butcher of Bagdad who wrote (16262)4/2/1998 4:32:00 PM
From: Cymeed  Read Replies (2) | Respond to of 25960
 
<<Get ready for the "Cymer slide" this afternoon.>>

Good call, butcher. It did slide this afternoon. I believe it's the old momentum players who thought a stock jumped yesterday is going to do it again today. They are eager to get out this afternoon.

Well, it should go up over time, thogh.

<<Best of luck, but I think those who have been "Cymeed" before know better.>>

You knew better this time. And by the way, my Cymer stock is shining for me at the moment because I bought more at around $15 and my average price is now under $20 - Good to be out of the water and I really enjoyed the new breathe. Things can get better once this Q's result is out. I am expecting a so-so quarter but a jump in backlog which would indicate strong future business.