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Technology Stocks : CYRIX / NSM
NSM 18.270.0%Jul 31 5:00 PM EST

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To: PAR who wrote (6442)1/18/1997 4:01:00 PM
From: Carl R.   of 33344
 
You'll have to ask someone else about the $49.50 period as I have only been following them closely for about a year. Deedle keeps telling us he was there, so maybe he can answer your question. I do know that there are a tremendous number of people with a basis in the 20's, especially from 24-30. As a consequence I expect alot of resistance between here and 30.

Cyrix may well return to silence, in which case further progress will be slow. Soon though they will crank up their huge and potent advertising/press release machine and generate massive demand, excitement, and enthusiasm in the press and in consumers so that when the Gx and the M2 become available they will immediately sell in huge quantities and then demand will outstrip supply from Day 1. Naturally when Cyrix starts issuing a press release every other day and buying full page color ads in all the major publications such as Byte, PC Magazine, etc, the stock will move up quickly of course. 8^|

Carl
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