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

To: Rob C. who wrote (17703)	5/22/1998 5:52:00 PM
From: Zeev Hed	Respond to of 25960

Rob, I am sorry you did not sell on the way down, but frankly, when it tested 25, I did post that technically it broke, and also mentioned that 22 should be an out if you did not bail at 25. I just do not enjoy responding to flames too much, so I did not repeat these. Until you actually see the downtrend reversed, entries should really be used with very close stops (at prior resistances and support), unless you have an infinite stash of cash and can continue to "average down". I still think that CYMI could breach the low and get to the 13' before late June, but by August we should see some revival and above 20 again, IMHO. Whether that will be the final low or we run into a mid autumn decline, I cannot see. I think that the Asian malaise should be fully in the prices by then, but who knows, we might have a repeat of the Indonesian problem in Korea or Malaysia, and that may just take another three to five months to evolve to a creshendo that will shake our markets. I also think that our high tech markets have not fully discounted the Japanese situation, and clarity of that status will also take between three to six months. Thus, my feeling that a good summer rally will probably evolve, but with a possible peak in late August, and if Asia is still shaky, another October spill (two years in a row?). Zeev

To: Rob C. who wrote (17703)	5/22/1998 8:29:00 PM
From: Gary Metzer	Read Replies (3) \| Respond to of 25960

Robert, Re:<<I just can't believe I didn't sell any....DAMN!!!>> DITTO! How the heck does one "turn off the greed factor" and take profits rather than watch a fantastic stock slowly slide? In my case, I saw CYMI pop up so fast in the past that I was afraid if I took profits I'd miss out on some additional gains. Does anyone out there have a method they have found useful for taking profits from a company in CYMI's situation with fantastic potential down the road but uncertainty for the near term quarters? Gary