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

To: FJB who wrote (17275)	4/30/1998 11:36:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 25960

So you're looking for some disappointing suckiness from AMAT on the short term? They were semi-unconcerned with the Asia crisis when I last heard the CEO on TV right before last Q reported. I think their report will have a major impact on this sector. Of course I could be wrong. Perhaps their limited exposure to certain countries will protect them?? Aloha

To: FJB who wrote (17275)	5/1/1998 12:39:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 25960

Robert, Korea is at 65% or of industrial capacity (industrywide, no idea on the semi) utilization. That is almost as dark as it ever gets. Unemployment is skyrocketing and the chaebols are selling assets left and right. I am not sure it can get much worse than that. Thus, while AMAT may have a "sucker quarter" and may have forward looking statement that "sucks" as much, the fact might be that the present quarter will be the worst. I think we will have a powerful summer rally (from levels somewhat lower than the current one, but not too much, my turnips say the worst, if we get a bad break between here and early July is 8250 on the Dow, but as you know, these turnips are quite faulty). If CYMI can be had at the mid 19' (and I still think there is a good chance for that), I think that it will be a pretty good three months bet, maybe even longer term. Zeev