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


To: FJB who wrote (17199)4/28/1998 3:50:00 PM
From: TideGlider  Read Replies (2) | Respond to of 25960
 
Traders seem to have a death cap on this stock....no buying interest. I was afraid of the correction coming on earnings as in the fall. Maybe we don't have the correction, but until upgrades in such as the new price target actually placed on news wires nothing will happen with the stock. CYMI management are not doing well. They should have cut a penny from R&D to beat the number. Too much anticipation and buying before earnings. The result was anticlimactic. Now is the time for PR releases. Shorts were half gone. Now they are all back.

TG