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Technology Stocks : Cymer (CYMI)

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To: Noneyet who wrote (4394)10/2/1997 7:53:00 AM
From: Steven Angelil   of 25960
 
To Darrell and anyone else interested: ****Off Topic****

I just wanted to alert you to a situation and get your read on it. About 2 weeks ago, I noticed at insidertrader.com that the insiders at PAW were loading up by buying around 800K shares at a price around $17. I started buying that next week after the filing at around 21 5/8. I just know how the insiders like Huizenga, Johnson, Hudson, et. al, love to make money "trading" their stock by buying in ahead of big news. For example, they bought last NOvember or December, just before they bought 2 resort properties and the stock ran from $17-32. I hopped on then at $17 and sold at $25 in a matter of about 2 days. I think we may be having an instant replay. On ANY weakness, you can see big blocks at the ask. Yesterday was a prime example, as the stock sunk to a low of 23 5/16 and then finished near its high of 24 5/16. I am waiting everyday to hear some news from PAW. I live near the new stadium and it is almost done. When that happens that is supposed to be a huge plus for the company.

So, if you are interested, Darrell, please look into it and let me know what you think.

Steve

p.s. I own 1100 shares at an avg. of 21 5/8.
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