Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Brad Rogers who wrote (19744)	9/28/1998 5:14:00 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 25960

re: Am I early, late or "just right" That depends on your time horizon: Less than 9 months (that is, till mid-1999): dead money. Over 3 years: excellent entry price now. Or, if you're a gambler, you can try to guess the trading range. I almost bought when the stock hit 15 again, which had been support for a very long time. Having broken below that, there is no visible floor. I began buying AMAT LEAPs this month, which I consider much safer than CYMI. Better balance sheet, proven management, far longer track record, far broader product range, no dilution from convertible bonds. When Fidelity mutual funds start buying back into semi-equips, who do you think they'll buy, CYMI or AMAT? But, once they take off, they'll all move up together. If I was going to buy CYMI, I'd dollar-cost average over the next 6 months, because there is no way to tell whether the stock has hit bottom yet. Still a lot of market risk out there as well. If the Dow hits 7000, CYMI (and everything else) will be hitting new lows.