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


To: H James Morris who wrote (17801)5/27/1998 10:51:00 AM
From: TideGlider  Read Replies (2) | Respond to of 25960
 
Cymer is holding remarkably well in todays sell off. It may indicate very strong support for CYMI at the 16 level.

TG



To: H James Morris who wrote (17801)5/27/1998 11:06:00 AM
From: Zeev Hed  Respond to of 25960
 
I do not think you want to wait so long to come back. There are a lot of parameters that are falling into place (so much, that I have finally come back in this morning, with a S.L. at about 10% below, 14.375). Korea is not going to go the way of Indonesia, IMHO. The pessimism is so deep it can be cut with a knife. The tick on the NYSE went to -1300 or so and bounced right back to about even.

It would be nice if few more of my turnips said buy, but an initial entry here seems safe, at least for a DCB to 19, maybe for longer. I even got back into SIII, which I think is not as good as CYMI. I am still waiting for another buck or two on VECO to have a more or less "squared" and still very defensive position.

Zeev