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Technology Stocks : Cymer (CYMI)
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To: SPEEDRACER who wrote (18176)6/20/1998 6:19:00 PM
From: Elroy Jetson  Read Replies (2) of 25960
 
Cymer has spent very little on their stock re-purchase program. I recall it might have been as much as $10 million.

In my opinion its best sitting there as a potential threat so professional shorts know they can't "own" this stock. I think Cymer would be foolish to try to make their stock trade higher than the SOX, but when shorts push it down out of proportion Cymer can clobber them just like Robert Reuben did to those shorting the Yen.
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