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


To: Justa Werkenstiff who wrote (20747)1/28/1999 7:36:00 PM
From: Curlton Latts  Read Replies (2) | Respond to of 25960
 
ASMLF certainly has moved up with this run since October. ASMLF just never dipped like CYMI - neither in October nor December. The correlation coefficient has got to be close to 1.0 over this time frame.

techstocks.com

That is despite ASML reporting earnings down 54% and giving a flat forecast for the next quarter or two. When the market disagrees with company predictions and SI poster predictions the market is the better bet. Predictions are often wrong - the market isn't.

This upward trend has been across the semi-equip group and not soley concentrated in ASMLF or CYMI:
techstocks.com
With demand for PC's continuing at a smoking hot pace and recent shortages of dram I'm not surprised. There is a big retool requirement right on the immediate horizon.

The fundamentals for this business continue to look better and better on a go forward basis. That is why the stock is trading up. That is also why other semi-equips are trading upward despite reporting last quarter losses.

Time will quickly tell. I tend to believe in Newton's law here - once a body starts in motion in a direction it tends to continue in that direction - up. Back and fills along the way, but up nevertheless.

Good Luck To Each And All

Curly

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[6.6]
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To: Justa Werkenstiff who wrote (20747)1/29/1999 8:56:00 AM
From: orkrious  Respond to of 25960
 
Jay gets the call of the year on CYMI

Message 5942789

Hear ye, hear ye. Come one, come all. Step right up and pick up some Cymer at a once in a lifetime price. 7 3/8. Hopefully, never to be seen again.



To: Justa Werkenstiff who wrote (20747)1/29/1999 3:50:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 25960
 
Justa, last Friday, when I mentioned $30 as a good bet, I did not mean in a week. Well, for me $30 is good enough and I am bailing out (leaving just a "foot print", to continue and follow up). I am not saying that CYMI will not go higher, but that was my target, it has been reached (almost), and I am satisfied.

Zeev