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

To: sammaster who wrote (19503)	9/13/1998 10:31:00 AM
From: Bill Hermesmann	Respond to of 25960

Why don't you just keep reading and decide yourself? Besides, any advice you receive here on WHEN or WHAT PRICE to buy is worth about as much as the price you are paying. Here's mine: First; entry at the current market price would be highly satisfactory for most prior investors, just ask them. Second; and most important, don't look for any October bottom buying opportunity, that scenario has been fully discounted by the habitually wrong this year.

To: sammaster who wrote (19503)	9/13/1998 11:52:00 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 25960

Cymer looked attractive to me at $32 and quickly sold at a loss. It looked attractive again at $21, and at $17, and at $15, each time sold at a profit at higher prices once I realized Cymer was a trading stock. (sort of like the current general market) At the current price of 10 with further industry deterioration it no longer interests me as a trading stock, and is too expensive and too early for me to consider it as a long term holding. If Cymer drops to $6, I would consider it attractive for a long term holding, but I don't like to hold stocks selling for under $5 a share which could be a problem. I think my preferred strategy would be to wait for it to bottom and buy a long term holding at $15 once the industry is recovered and an upward trend is firmly established.