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

To: W. Clinton Terry who wrote (6208)	10/24/1997 10:35:00 AM
From: sepku	Read Replies (2) \| Respond to of 25960

Clinton, I was right about CYMI getting faded at the open. If you ever wanted to see this trading strategy at work, here's your chance. CYMI quickly gapped up as high as 30 before being taken back down by traders...if you have a RT quote screen handy, you can see just what I'm talking about. Small blocks...looks like they're having a field day. Still not much activity by the big players...a few 5K and 10K lots, but that's about it. It's possible they are accumulating in small bits to avoid pushing up the stock, but I'm more inclined to believe they'll be coming in near the end of the day and aftermarket. Like I said before...the institutions need time to build up positions for themselves and their top clients before they will upgrade the stock. Anyone who wants to get into CYMI in the 20s best do so as soon as possible... I increased my position this morning at 28 3/8. But I might be willing to join the trader party and flip these additional shares since I'm already heavily exposed to Cymer. Style Pts.