To: acidman who wrote (18518 ) 7/18/1998 11:57:00 PM From: Cymeed Read Replies (1) | Respond to of 25960
<< My logic is that Cymer was pulled up with the rest of the sector only to be draged down latter. >> Acidman, first I do appreciate your posts on the top 10 trades each day. I wish you keep doing that despite the opposing opinions. You are right, people would love you if you say those large blocks are on the ask side. But you got to say what is right and what is the honest truth. Your posts do add a lot of value to this thread. Regarding the recent run-up, I thought the most significant reason was because Cymi said their new product 5010 had received strong approval from the market place. This gave people some good feelings about this company, who is sitting in such a disfavored industry currently, nearly all the news are bad. For months, Cymi indeed follows the SOX industry peers. However, imho, I think CYMI is starting to deferrentiate itself from the rest of the peers and act more like a leader. If there is a positive sign of turning around in the semi equi industry, I bet Cymi will be one of the first to show. Despite the weakness of the general semi equip sector, cymi should be slightly stronger than the rest because they are different. Their equipment help semi makers to reduce cost. They do not have to rely on new fab while many others heavily rely on new fab business. Even for AMAT, i can see some strength technically. People just ignored the bad news recently - the stock went up a couple of days after they warned earnings. When a stock ignores bad news, that to me is a sign of strength and maybe a bottom. Don't know what you take of this. Cymi valuation might be troublesome if the semi industry suffers from a prolonged contraction, such as 2 or 3 years. But with the hope Japan will clean their house soon, this does not apprear to be the case. The world seems to me it's on the edge of another rebounding. Your opinion ? Again, thank you for your posts. Please keep them coming.