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Technology Stocks : Cymer (CYMI)

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To: slipnsip who wrote (16527)4/14/1998 6:07:00 PM
From: H James Morris  Read Replies (1) of 25960
 
David, 95% of MM's never take a position in a stock one way or another. They make their money (I have a friend, a MM and he's made over $1mil so far this year) by bringing in a stock (call it borrowing), knowing that there is a buyer who will pay .25 .30c more that he/she borrowed it for, (sometimes even more) and just reverse this for the short/put.
The good news is Cymer,asmlf,dpmi,etec, vtss and I forgot the other few are back in favour with the street.
Big bucks to be made here, if you can appreciate Wall Street's greed.
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