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Technology Stocks : Cymer (CYMI)

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To: Mike Harvey who wrote (6525)10/26/1997 9:56:00 AM
From: craig crawford  Read Replies (1) of 25960
 
<< The Barron's interview took place before Cymi's earnings release, it goes without saying. The good results and favorable outlook reported means the dork Fleckenstein has now been embarrassed in front of his clients. >>

I agree with you that his comments with Barrons obviously took place before the earnings.

I don't know if he was embarassed because he got a gift when there was an opportunity to cover at 25. I'm sure he took it.

Also, I think he started shorting CYMI above 28 so I think he turned out OK. I thought he made some interesting points in his interview (not the CYMI part) and I agree with him on the box makers.

I live near Seattle, maybe I should give him a call and ask him if he still recommends shorting CYMI after the earnings release.
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