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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Curlton Latts who wrote (23904)	1/11/2000 12:19:00 PM
From: Curlton Latts	Read Replies (1) \| Respond to of 25960

Short interest last month shot downwards. I've always maintained that would have to happen for this stock to really take off. It appears to be happening: nasdaq.com It's funny how this number has shot down despite a lot of posters here who exhorted that this was all hedged against convert stuff and that the wise-guy players involved were indifferent and gone forever. Another important fact - with positive implications - is that the convertible bonds become callable at the company's option on August 9 this year. Translation: it is far more risky to play the smarty-pants wise-guy interest arbitrage shorting against the hedge game while manipulating the stock price. Essentially, the call creates a musical chairs situation where smarty-pants tactics can leave the wise-guys out in the cold just when the party gets hot. It creates a stop clock deadline on the entire sortie - something a short never likes much. Good Luck To Each And All Curly ~~~~~~~~^^ [6.6] .....> [_]