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

To: FJB who wrote (17202)	4/28/1998 4:24:00 PM
From: TideGlider	Read Replies (3) \| Respond to of 25960

Just guessing by the amount of CYMI sold in the last month that there are few shares to sell as cheap as it seems to go. Seems to be abundant shares for sale at any price. I believe they are shorting the stock. The day traders aren't selling for losses. After falling from near 30 in just a few days you might think the momentum would be to the upside. Even stinkers like QNTM are doing better. AMZN never had a profit and may never. They went up significantly. They have management and PR. I have lost enough ground to this stock to see the difference. I always look...what will they say? What will they release..I always see zip.. Looking for better results TG

To: FJB who wrote (17202)	4/28/1998 5:05:00 PM
From: Yakov Lurye	Read Replies (1) \| Respond to of 25960

Bob, I didn't post here for a while. Sold 2/3 of my position before earnings at a decent premium, looking now to buy back, because nothing had substantially changed in the long-term outlook. I would appreciate your opinion on what is going on with Series 5000 line? Looks to me that it is being slowly phased out, integrators are gradually reducing on-hand supply (i.e., new orders for 5000 will come at lower rate than installations), while waiting for series 5010 and Orion. Which means to me that we may wait till autumn for the turnaround. As for the point at which I will restore full position in CYMI, I am not good at TA, but my guess is that we'll see SOX testing 290-300, at which time I will buy CYMI virtually irregardless of price. My guess is that when this happens, CYMI will still be priced in 21-23 range. The way I see it, major short positions had been closed by now (I do not count the chronic 2M shares shorted by debenture holders), so CYMI will trade with the sector. Currently, there is a decent support around 22, but the price may dip below 22 if current correction continues as advertized... Off topic, today I bought ASYT (Mason's favorite). The chart looks scary, but IMO, it's worth a good look. Regards, Y.