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


To: Robert Einstein who wrote (20114)11/3/1998 1:25:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 25960
 
Robert, I think we have seen the bottom, yet I expect the recent breaking neck rally to pause. If you do not want to miss CYMI here is a pretty good price, but I believe that in the next few weeks it could drift down to the 10.5 to 11 area. If it does not, you miss the boat, I personally am taking the risk of missing the boat and waiting. There is always a possibility that the sector will plunge back into recession, but I think it is not very likely. By the way, IMHO, the chips are probably a better play for the first phase of recovery in the semis, particularly in view of the too dramatic move up of the equipment sector. Very short term, I am personally out of most of these.

Zeev