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Technology Stocks : Cymer (CYMI)
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To: Hoa Nguyen who wrote (15766)3/13/1998 12:02:00 AM
From: Elroy Jetson  Read Replies (2) of 25960
 
I have no information that Cymer has even purchased a single share. I think its more likely that this is an institutional investor.

Normally you'd see a Bid and Ask Size of 10 or so. When the price approaches $20 there is suddenly a Bid Size of 40 or so with an Ask Size of 10. If a wave of selling (or short-selling?) occurs the price sells down through $20, then minutes after the selling it snaps back to a Bid of $20.

I think Oracle's good showing should help give some enthusiasm to Tech stocks tomorrow. Confidence is returning.
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