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


To: Zeev Hed who wrote (19538)9/14/1998 6:31:00 PM
From: Czechsinthemail  Respond to of 25960
 
Zeev,

While there are many other small semi equip companies selling at distressed prices, there aren't many with such a commanding position in such a key technology as CYMI's. Though you're probably right that people are selling off the group, when it comes to rebound time, CYMI should have a faster and bigger bounce. The problem is that none of us knows when that will come. That's what creates the dilemma around selling and perhaps missing out. At some point, virtually all the bad news is discounted and the stock simply won't drop further. As soon as there is the slightest indication that we've reached that point, all kinds of money is likely to rush in to buy the enormous potential.

Baird



To: Zeev Hed who wrote (19538)9/14/1998 7:22:00 PM
From: Elroy Jetson  Respond to of 25960
 
I think the price of Cymer will be determined by the fate of the general market. I sold the DELL, CSCO, AXP, and COF I picked up on Friday. A quick 5.5% gain looks pretty good and the market doesn't.

Is this a classic "head and shoulders" formation? (minus the body)

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