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Technology Stocks : Cymer (CYMI)

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To: TI2, TechInvestorToo who wrote (14186)2/5/1998 10:54:00 AM
From: Curlton Latts  Read Replies (2) of 25960
 
There is no stopping CYMI - the shorts are getting squeezed. Mr. Master Of The Universe 4 Million Shares Short In 60 Days Recklessly Regardless Of Price Man is finding out what the meaning of scarcity is about.

According to Websters: scarcity (sker'se te) n., pl -ties
1. inadequate supply; dearth 2. not sufficient to meet the demand; hard to get.

There is an incredible scarcity of CYMI shares; the stock is headed to $65; Mr. Universe needs to BUY 4 million shares (60% of the float adjusted for the buyback) of CYMI stock to cover; the Company is buying $50 million of the stock back; DUV is the key enabling technology for the entire semiconductor industry. Does this sound like a recipe for disaster for Mr. Universe? You bet!

tsunami (tsoo na' me) n., pl -mis, mi a huge wave caused by a volcanic eruption: popularly called a tidal wave.

At some point Mr. Universe will just have to puke out this 4 million share short trade. Yech.

Good Luck To Each And All

Curly
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[6.6]
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