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Technology Stocks : Cymer (CYMI)

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To: Mr. Aloha who wrote (10333)11/22/1997 5:27:00 PM
From: Volsi Mimir  Read Replies (2) of 25960
 
Mr.Aloha

Q if a large institution didn't/couldn't participate in buying the convertible,would a good alternative be to short the stock.

Apologize I'm taking back that question til I re-read past posts of the significance of what this convertible does to a stock- spoke over my head and without benefits of fact-- trying to understand a larger picture a bigger market
1. who benefits the most if you(as an institution)have the convertible and stock goes high (thats given-one wants it to;goes low-thats where I have to read the past posts on shorting w/ the covertible - some great commentary and I have some understanding-short against the box)
2. if you(institution) didn't/couldn't participate in that convertible; what would be your best choice (if you know this is a great stock, future 80%market of something that is very important to technology):
a.because the situation presented itself(leaving the conference)- buy knowing the stock could go low and stay because of what past posts reasons (having a 47.00 convertible and shorting the stock) and be stuck on the long side (such as I-small time investor)and wait out that fundamentals will eventually will endure. (I think not)
or b. short with the group and hope one will not get squeezed and if there is a chance of that(great AMAT #'s) -what to do?

There is too high of percentage of shorting this good fundamental stock and big money is doing it(3.3mill shares last month) Up until
yesterday when Adam,H suddenly downgraded everything and only 15 out of a far greater number did that,most -again a previous recent post I will find that either here or AMAT thread) - did my little light bulb go on and started to put a puzzle together-however my big mouth(my post) preceeded my thinking and again i withdraw a hastily worded question with this also quick answer-but i will get some facts down and present it-- I might be totally off base
but I'm trying to make sense of something that doesn't.

eddyb
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