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


To: Bald Man from Mars who wrote (19201)8/31/1998 2:58:00 PM
From: Czechsinthemail  Read Replies (1) | Respond to of 25960
 
Hi Bald Man,

Nice to see you around. CYMI may be going through an exaggerated panic selloff. Many of the individual investors who follow the company are engineering types, who are excellent at analyzing the company and its prospects, but often have an extreme emotional aversion to risk and uncertainty. This can amplify the panic selling as more people panic and jettison their shares creating more fear and uncertainty. While nobody knows for sure how far prices may fall, there are abundant predictions, and many will grasp at any prediction in the midst of the chaos. Though CYMI may continue to decline from here, I think the rebound will be sharp when investors suddenly wake up. CYMI's key technology position will pay off enormously over time. Its now a matter of whether to buy shares ridiculously cheap or wait in hopes of even more ridiculously cheap prices.

Baird