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

To: Curlton Latts who wrote (17056)	4/23/1998 10:55:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 25960

Curlton, I think that the direction tomorrow will depend more on the mood in semi land. There was a nice rally going on in the SOX but today looked like a reversal. The fact that INTC held pretty well, may indicate that this is just a retracement in an uptrend. However, CYMI really should hold the 24/25 area to continue its bullish trend. I think that the street had a whisper number much higher than the number we saw and the "forward looking statements", particularly "weakening" of US markets (adding to Asian woes) may not sit too well with analysts. On the positive side, we have hit .8 on the Book to Bill ratio for equipment makers, it rarely goes much lower than that, meaning, the worst of this semi equipment retrenchment is probably over. Zeev