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

To: Stoctrash who wrote (6152)10/23/1997 11:54:00 PM
From: FJB  Read Replies (2) | Respond to of 25960
 
So you are talking pure trading, not investing. Yeah, then I agree.



To: Stoctrash who wrote (6152)10/23/1997 11:57:00 PM
From: damniseedemons  Respond to of 25960
 
"Sell first, ask questions later," I always say (and regret that I didn't do so with CYMI).



To: Stoctrash who wrote (6152)10/24/1997 2:52:00 AM
From: Jess Beltz  Read Replies (1) | Respond to of 25960
 
I will take exception with one point here. The initial crash was after the Needham cancellation, then the Montgomery earnings revision.
However what knocked the stock into the middle twenties WAS Morgan Stanley's downgrade on the lenses rumor, which WAS their rumor and was immediately refuted by CYMI management. However the near term damage to the price was done.

jess


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