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


To: Steven Angelil who wrote (17366)5/5/1998 11:04:00 PM
From: Mr. Aloha  Read Replies (2) | Respond to of 25960
 
Isn't investing fun! Don't you just love this $%*^!

It's hard to be long a stock that doesn't excite you when others are moving straight up and the media is flapping its lips.

We'll call it the greed factor. :-)

When we're so close to the stocks, it's hard to look at them day by day. Maybe if you pick up your monitor and throw it against the wall and buy a new one in say...... August... you'll be more excited! :-)

Aloha




To: Steven Angelil who wrote (17366)5/6/1998 12:07:00 AM
From: FJB  Read Replies (2) | Respond to of 25960
 
Steve,

Could you share your list of stocks to double? Or just the ones that will kick butt over the next quarter? I'm not opposed to making easy money.

Bob



To: Steven Angelil who wrote (17366)5/6/1998 8:56:00 AM
From: John Bloxom  Read Replies (1) | Respond to of 25960
 
Have faith Steve. Many times a stock, like a kid, gives you hell before turning around and becoming the apple of your eye. As a for instance, about 18 months ago I started a position in Entremed at $14, bought it up to $16, and then continued buying, buying, and buying all the way down to $6 7/8. Sold all into the news on Monday at an average price of about $60. Made enough to take the wife to dinner. Had some left over, even.

Stay focused on the storyline. One day soon the, well, let's call them "folks," who were buying ENMD at $60 - $80 will be buying CYMI at $100-$120 because the NY Times finally gets around to reporting the data that's been on this thread for a year (as was the case with ENMD). When you close your position into the news that day, the few points you're missing in other issues this quarter will look ridiculously inconsequential.

Regards,

John



To: Steven Angelil who wrote (17366)5/6/1998 10:08:00 AM
From: Greg Jung  Respond to of 25960
 
"There are so many stocks that a person can double his/her money on, it absolutely stinks to have a stock like Cymer that goes down in an up market and down in a down market. "

I once bought EMC shares at about $6 during the memory shortage, then tripled up at $3 or so. I thought I did pretty good then when
I sold all at about $9. How many times has it split since? My consolation is that I kept a small stake in 3com that multiplied in value by about a factor 16-24, depending on what day of the week.

If you wander the market looking for doubles and triples you will miss the obvious.

Greg