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


To: John A. Stoops who wrote (19589)9/15/1998 9:53:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 25960
 
John,

I'm a hurtin' too. OTOH, this sector is like an early X-Mas present. CYMI is not very far off its IPO price! Get in while the gettin is good. Use your lunch money- whatever. This reminds me of '96, when for a time valuations were incredibly cheap. IMO, we are again there now however, many have been scared off. The time to buy is when you read the posts like "X-Ray will mount a serious challenge."

BK

BTW, picking up LRCX too. A billion+ rev company, trading at a market cap of under 400M. Another no-brainer IMO.
exchange2000.com



To: John A. Stoops who wrote (19589)9/15/1998 9:55:00 PM
From: Gary Metzer  Respond to of 25960
 
John,

Totally agree with you. As someone else posted on this thread, CYMI has a great story to tell but nobody believes it. I did have up to 4600 shares at one time, but now only hold 500. Decided to cut losses when I could and reallocate in other growing companies that are seeing results now, ie. CSCO, MSTR, DELL, CTXS, etc. I plan on watching CYMI daily and I will be there once it is clear that others start believing their story. Keep the faith and just remember that many of the market leaders now were at one time "story stocks". Dell has performed marvelously, however, some years ago they were going through serious problems where their stock price was hammered. It took guts to hang on, but those that did were well rewarded. (not me)

Oh, and DON'T FORGET the idea of a DIVERSIFIED portfolio. I had major losses in SAP and CYMI during the recent crash and it was only DELL and a couple other stocks that kept me from dipping into any of my principle. I lost my gains from May, but that was about it.

Happy Investing.

Gary