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Technology Stocks : Cymer (CYMI)
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To: Emile Vidrine who wrote (8298)11/5/1997 1:34:00 PM
From: Gerald L. Kerr   of 25960
 
Emile, IMO your theory is very, very plausible.

And to continue this thought, as soon as the holders of the convertibles have finished covering at these low levels, certain analysts who have negative on Cymer will suddenly "discover" that Cymer's prospects are much better than they had imagined, leading to a flurry of upgrades.

Whether this will happen in time for my Nov 30 calls to be in the money is, of course, problematical.

Gerry
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