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


To: Ginko who wrote (18362)7/6/1998 2:51:00 PM
From: orkrious  Respond to of 25960
 
If we break 14, we're in deep doo doo. I have my fingers crossed that MSCO knows what they are doing. Their analyst, Deanna <SP?>, seems to understand the industry more than everyone else. I wonder if MSCO reads this thread <VBG> since they stopped buying today (although I was out during the spike to 16). Jay



To: Ginko who wrote (18362)7/6/1998 3:09:00 PM
From: Ken Zeller  Read Replies (1) | Respond to of 25960
 
MS may be the only big support until chip makers are reassured and begin ordering equipment again (1999?). The longer they are in neutral or reverse, the more likely it seems that Cymer's competitors will narrow the technological gap.

I'm not a big TA person but setting a new 52 week low would be a terrible psychological blow. Perhaps it's time for the company to wade in with its buyback program so we don't wither into single digits. The time it would take to climb out of that hole might be enough to push me out and recognize my losses this year.

KenZ