SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (19391)9/5/1998 9:54:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 25960
 
flickerful, I think you should look at this chart:

iqc.com

It does not look good to me.

Zeev



To: flickerful who wrote (19391)9/5/1998 9:54:00 AM
From: Gary Metzer  Read Replies (1) | Respond to of 25960
 
Flick,

"The Chart looks good??????"

Beg to differ, two days does not a trendline make. CYMI had FIRM support at 15 going back over a year, it broke below it and is now waffling, CYMI has a lawsuit against it, slowdown in Asia, pushback of delivery dates due to lack of demand, etc, etc,.

I've reduced my 4200 share holding down to a measly 500 when it was around 12. I agree with some other posters on this thread that it could go lower. Suggest holding back until a SUSTAINED uptrend is developed. You may miss the first points of any rise, but you will also miss any further price erosion.

I really like CYMI as a company but have bled too much green($$) to keep the faith any longer. Will be back.

Happy Investing.

Gary