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

To: mauser96 who wrote (7723)11/1/1997 11:17:00 AM
From: Steven Angelil  Read Replies (2) | Respond to of 25960
 
Let's face it, the shorts have won this battle. Let's also think about what they might do from here. Like Darrell says, they will be covering probably Monday morning. I happen to think that they KNOW there is nothing wrong with this company, and have a feeling that they will be making 2 transactions-buying to cover and then a straight out buy! If this happens, then we could see a huge runup prior to next quarters earnings. Its just a thought, but am thinking that it could go down that way. What are your thoughts, anyone?

Steve



To: mauser96 who wrote (7723)11/1/1997 11:01:00 PM
From: Elroy Jetson  Respond to of 25960
 
Who is this Cabot person? He sounds like Louis Navallier (who has been performing horribly).

Personally I think a 20% loss on a stock position is unthinkably high. The most I would tolerate as a Stop would be 7%, and lower than that on lower volitility stocks.


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