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Technology Stocks : Cymer (CYMI)
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To: Ritz who wrote (16310)4/6/1998 7:06:00 AM
From: H James Morris  Read Replies (1) of 25960
 
Hey Ritz
Before you announce the slaughter of the shorts lets be sure that you understand the whole Cymer story. Their technology takes them from an Ipo price of 9 to high 40's. Amat and the rest of the group falls off their highs, and Cymer bottoms out at 14. Most of the shorts took their profits and have left leaving us longs who bought in @ 14 and have enjoyed the ride back up to 23. Where we go from now will have nothing to do with the shorts but will only reflect on the new buyers coming in and the 14-20 buyers leaving.
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