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

To: Curlton Latts who wrote (17442)5/12/1998 3:07:00 PM
From: slipnsip  Respond to of 25960
 
Well we got the bounce off of 20 today. I admit, I chickend out and cancelled my buy at $20 this morning... Too afraid of the market in general, not to mention my margin exposure.. Been a rough couple last weeks.... In any event, think we could hold here at 20 barring any huge market slide. Worst case scenerio, $15.. At which point I sell every thing I own to buy this pup.. (cept the IOM)



To: Curlton Latts who wrote (17442)5/12/1998 3:13:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Curly, re: the gentleman that lost his shares, he got paid a nice premium and he can buy them back today for less. I do not think he has such a bad deal after all.

If he plans to get these back, he should not be waiting too long, we might dip further into the low 19' which would be an excellent buy (particularly that at these prices it is easy to use a S.L. at about 18.5 for the unlikely case that we will break through).

Zeev


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