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

To: Backfill who wrote (19398)9/5/1998 1:10:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Jeff, CYMI is indeed more expensive than the average stock in its industry, but if the assumptions underlying this differential pricing are no longer valid, there is a good chance that it will become valued like the rest of industry, thus additional weakness in the SOX will cause more relative declines in the stock. The fact that ASMLF is being beaten to pulp should indicate to us that the underlying assumptions might be changing.

Zeev


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