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

To: Greg Jung who wrote (19399)	9/5/1998 5:51:00 PM
From: Gary Metzer	Respond to of 25960

Greg, Agree with your comments that it "could" go up in large increments, however, the problem I have is timing. First, things were going to happen third quarter, now it looks like Q299. Asia is still uncertain also. The problem that I have is that I have already tied up enough of my resources in CYMI hoping for things to happen when I could have invested in companies where things are already happening. Mind you I still have 500 shares left, so my interest is still there...AND if it drops to 8ish (which I believe it can), then i will pick up some more shares. OT OT I've become very enlightened these past 7 trading days. The companies I owned were excellent and my annual gain through August 26 was 40%+ which was achieved through equities only starting the majority of my portfolio May (owned CYMI prior though). However, I forgot the cardinal rule of investing which is "never fall in love with your stocks". I did and I got burned. My YTD now is 5%. I lost $30M on CYMI, which is big money for me. (Thank goodness Dell was there to cover my losses.) My plan is to still invest in good technology companies but I will take a much firmer hand in how I manage my portfolio. If I see stormclouds on the horizon, I will be pulling into the nearest cove (cash) to sit it out until it blows over. (I have also sold off my SAP for the moment.) Prudent investing to everyone. We could be going up or we could be going down, but I hope to be prepared for either scenario. Gary