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Technology Stocks : Cymer (CYMI)

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To: Jess Beltz who wrote (8414)11/5/1997 9:20:00 PM
From: Peter V   of 25960
 
Jess, I have no opinion on market manipulation. If, however, large holders of bonds sold shares short, it creates an oversupply and downward pressure on the stock price. Throw in a couple of timely negative rumors, and voila, the stock price goes in the toilet. I don't know if this is the true cause of CYMI's current price, but it's a possibilty. I have no opinion on the motivation behind the bond issue, just giving you two cents on cause and effect.
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