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


To: JRGEE who wrote (5835)10/23/1997 10:08:00 AM
From: Gary Hoyer  Read Replies (1) | Respond to of 25960
 
What a day to announce earnings!! Look for HEAVY BUYING this afternoon. There is a global flight to quality going on especially in our bond market.

Good luck everyone,
Gary.



To: JRGEE who wrote (5835)10/23/1997 10:16:00 AM
From: sepku  Respond to of 25960
 
>>>Must of the selling were small 100 to 200 lots. Does this mean the weak are selling scared? I would think all the big players would have sold by now. They are wanting to get back in after the conference call.<<<

Not only with CYMI, but market wide. The bulk of the selling was on pathetic volume and small share lots. Just goes to show that the funds weren't part of the sell-off due to the HK scare...just small investors panicking. Huge sales all over the exchanges...I picked up more CYMI @ 26 5/8 this morning as soon as I noted the volume. There is now no chance the Fed will raise rates in November. Count on afternoon buying recovering the bulk of these losses. Time to load up your fave stocks...

Style Pts.