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

To: Investor2 who wrote (21621)	4/8/1999 12:50:00 AM
From: LIPTRADER	Read Replies (1) \| Respond to of 25960

The bad news happenned on February 4-5 when many insiders exercised their options at low prices and sold the very same day at $22,00.They sold about 326,000 shares.That was not a vote of confidence for CYMI.These info became available several weeks later and CYMI has gone downhill since then.Also CYMI announced revenues will be FLAT in 1999.This year they expect to make 0.99/share.Lately there has been news of competition by the 400 pounds gorillas(AMD,INTEL,LUVCENT with SCALPEL).Means CYMI monopoly will be over and market share will decrease.If 3 brokerages upgraded this stock and it plumetted it might be because they "pumped and dumped it" making suckers of their believers.They certainly have the $$ to buy at these "ridiculous prices".Also 4/15 marks the end of IRA-Keogh $$ coming into the market.Then we have the Summer doldrums and techs nosedive.When the Nasdaq tanks watch out below.Good luck to you all.