Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Cymeed who wrote (10752)	11/30/1997 7:33:00 PM
From: Scott Violette	Read Replies (2) of 25960

Answer to Large Short Volume: Market Makers can short more shares than they physically have, to the tune of 140%. Big Money will not buy this stock short term because the two main underwriters bailed on CYMI with their downgrades. Big Money is waiting for dust to settle and the next couple of earnings reports to verify Management's growth projections. Fall tax season is not helping either with CYMI's most recent freefall. I am long CYMI for several months now and will continue to add to my holdings as the current fundamentals hold and pricing opportunities present themselves.

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