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Technology Stocks : Cymer (CYMI)

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To: D.J.Smyth who wrote (8431)	11/5/1997 10:07:00 PM
From: Shakush	of 25960

Darrell, speaking of shorts Of the 50 odd companies in SI semi equip group, 11 that got dumped have made it back to their 23 or 40 day SMA. Considering the volatilty, Asia, the Universe etc, are we not likely to see some profit taking / heading to the sidelines for the weekend pressuring those stocks in particular. I wonder how much of this, if it happens, will spill over to others in the group. I know little of most of them except for what I see on the charts. I got off half my position in VECO (one of the abovementioned 11) today and am thinking of shorting one or two of the high fliers as a hedge for the weekend and / or CYMI holdings. S&P & NYFE futures in similar position. Sell S&P Mini's?

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