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Technology Stocks : Cymer (CYMI)
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To: LzzrdKing who wrote (7277)10/30/1997 1:44:00 AM
From: Jess Beltz   of 25960
 
Mr. Morrison, I respect your prowess as a trader. I have two questions:

(1) Would you short Cymer now? and

(2) What is the reason those with short positions are still holding on to them? They must expect further downside action, but based on what? the woes of the semi industry?

By the way, I do agree with your observation that the market may have the perception of Cymer as "damaged goods." I think the turnaround in that opinion will be quick if the upcoming numbers are as good as we suspect.

jess.
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