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Technology Stocks : Cymer (CYMI)

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To: diana g who wrote (12462)1/9/1998 5:37:00 PM
From: orkrious  Read Replies (2) of 25960
 
Diana, I was watching Cymer on a Level II screen. The tech stocks had a quick burst of buying and CYMI went with it. The biggest trade was 3,000 shares. Most of them looked like SOESers, with 1,000 share trades. IMO, it was just market makers sucking the SOESers and others into buying at a higher price. On the way back down, there was a quick BID on INCA (instinet) of roughly 15,000 shares (I can't remember the exact #) around 15 9/16, but only a few thousand were traded and the bid was withdrawn. I got all excited for nothing.
Jay
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