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


To: D.J.Smyth who wrote (7141)10/29/1997 1:07:00 PM
From: Steven Angelil  Read Replies (1) | Respond to of 25960
 
Darrell, would you elaborate on that? thanks, Steve eom.



To: D.J.Smyth who wrote (7141)10/29/1997 1:22:00 PM
From: TideGlider  Read Replies (2) | Respond to of 25960
 
Darrell: What do you mean? If there are buyers due to earnings and
future growth, dispelled rumors...so on....it should rise anyway.
If the only life this stock has is shorts buying back we will move sideways or down. I believe that this stock has been plagued by the
worst PR and timing. CYMER did what they are suppose to do as far as
business is concerned. The news was totally eclipsed by the big picture.

It is not Cymer's fault, the timing...however, they are not in a "quiet period" any longer and should start speaking up. Possibly
soon they will. I cannot disregard the effect of "BAD" information
as was published by Barrons. "Bad" information is what did the damage
in the first place. There is more to come I am sure. Just for once
I would like to be ahead of that curve.... We cannot believe after
all the pain from the short interest lies, that it will go away.
Fleckstein said this stock should be in the teens. Incredibly stupid,
but why would he place a limit and not wait. So far this stock hasn't
threatened shorters. They have come to rely on big dips to purchase
back.

Cymer may have to buy back at market just to get some notice. Once
people notice this bargain....all hell will break lose! However,
nothing happens on it's own. Why should shorters buy back when they
can cover other positions. This stock will have to move before they
start buying. I believe the big houses are selling incredible amounts
of derivitives and dragging it sideways. They all will give way if "light" is shined.....like rats they will scurry....but there must
be moves.....information....

Am I wrong ??? Maybe I am impatient after all this time....but the
frustration of the "quiet period" should be over...not over extended..

Bruce