Cymer (CYMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cymer (CYMI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (13757)	1/30/1998 11:38:00 PM
From: Yakov Lurye	Read Replies (2) of 25960

Re: <<Short term, I think that the stock action today actually stunk>> - only if you were short or wanted to buy in at 13 today. Given the 1Q outlook, it was difficult to expect funds to rush in, but I doubt that the company was the only or the predominant buyer. More likely, quite a few shorts did cover today. I do not dispute though that you may still get in at your target level. << I think there was a lot of distribution>> - could you please explain this statement in more detail? Are you suggesting that some big investors accumulated the stock at 14.5-15 to make a quick buck? Sounds risky to me. Or maybe you think that some dissapointed fund managers were unloading their holdings? They could do it much earlier and at a better price. Or maybe you mean that the company was the only buyer and that uncovered short interest today is higher than it was yesterday? TIA, Y.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next