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

To: Mark Mandel who wrote (20163)	11/10/1998 6:42:00 PM
From: orkrious	Read Replies (1) \| Respond to of 25960

Just a hunch, but I think CYMI is ready to explode. * The chip stocks are flying. Witness Intel and their announcement. * The equip stocks always pick up before you can see business picking up. * As business picks up for the chip companies, they will accelerate their capital spending plans. * Our baby owns the keys to making chips smaller, faster cheaper. * 10% of the float is short. As Zeev says, some of this is hedged against the convertibles, but some of it isn't and will have to cover. * Cymer's volume has been low lately. All of the sellers are gone. When the buyers come back, they will do so with a vengence. Where else can they get virtually guaranteed 50% EPS growth for the foreseeable future. Note that this is from their old level of roughly $1/year. * This may sound wildly silly, but $75 to $100 share is not out of the realm of possibilities for a year from now. All it will take is a pickup in orders to where $1.50 is a decent shot for 2000. Jay