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Technology Stocks : Cymer (CYMI)

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To: Curlton Latts who wrote (7395)10/31/1997 12:30:00 PM
From: cardiologist to be  Read Replies (3) of 25960
 
dear curly,

read your input with the greatest interest. curious to know when you think this upside swing will happen?

currently we are treading water at 23.5

cymi beat earnings by 0.02 and gapped up to 29, but the rally was short-lived. do you think we will have to wait till past next earnings report to see this short squeeze.

what we really need is an upgrade from one of the big boys, but if your theory about institutional pressure holding the price down is correct, I doubt we will see this unless the short sellers drive the price below 20.

btw long 2k at 30
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