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


To: D.J.Smyth who wrote (7032)10/28/1997 4:27:00 PM
From: Steven Angelil  Read Replies (2) | Respond to of 25960
 
But, Darrell, the thing is, look at all the other tech stocks. They came up from there lows to close up BIG. I am disappointed, but like I said, you can't make too much out of one day, but consider this, we went from a close of 28 1/16 two trading days ago, to 26 3/16 today. Not too strong, considering the strong earnings and positive press on Sunday. Not much to hang your hat on-we are traing just over $.50 higher than the day of the MS downgrade. I know, patience-I'm running out.

Steve



To: D.J.Smyth who wrote (7032)10/28/1997 5:18:00 PM
From: Shakush  Read Replies (3) | Respond to of 25960
 
Darrell, re <Japanese jumping up to buy more Treasuries today>

Maybe you saw Michael Boss on CNBC today (the CBOT bond futures trader they often get a comment from) saying the Japanese Central Bank along with other central banks were big sellers today. He specifically mentioned repatriation of funds. Intraday, the contract was off a couple hundred basis points, closed down 22/32 and the dollar was off sharply against the major currencies.

I'm not saying I expect this phenomenon to occurr, just that it could.
As for money printing fueled hyper inflation from Debtor nations, the market won't allow it in any country, including the US.