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Technology Stocks : Cymer (CYMI)

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To: Kingpin who wrote (8564)11/6/1997 8:39:00 PM
From: TideGlider  Read Replies (3) of 25960
 
Kingpin: With all due respect, Cymers drop was initiated buy MS and MONT and they are well aware that a recovery would occur on their word. The stock was recovering nicely at around 38 when Mont decided
to strike the death blow. The reason? Not because they feared their clients that were buying CYMER would lose money. They were obviously gaining. The reason was their clients that were short stock got
squeezed rather dramatically. I was their. It was a sharp rise. Then
SLAM...for no apparent reason other than to effect a successful
short of the stock.

I wear the scars of psychic bewilderment and betrayal....the awe of the cold and brutal greed. First =one reason...then another...once
Mont was reporting that they heard "rumors from trader types" what
the hell does that mean?

I think the bubble will burst now though.... :)

IMHO of course

Bruce
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