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


To: Volsi Mimir who wrote (9959)11/17/1997 10:34:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 25960
 
Eddy, thanks and you even corrected the spelling error in the transcript.

Zeev



To: Volsi Mimir who wrote (9959)11/18/1997 6:53:00 AM
From: flickerful  Read Replies (1) | Respond to of 25960
 
<<extensive insider selling as the stock soared to $48-- might make this threads suspicions valid about the shorts sitting on this one. About the inside sell I recall 1 5%shareholder selling alot otherwise Cymers people just some (I would too wouldn't you?)->>

the apparently conflicting info re: insider selling is troublesome. should you have the supporting figures in context, please post.



To: Volsi Mimir who wrote (9959)11/18/1997 7:18:00 AM
From: Jess Beltz  Read Replies (2) | Respond to of 25960
 
I too would like to know what insider selling you're talking about. Those who have been with this stock for a while have looked into this a good deal, and we've been able to find NO significant insider selling of the stock of any kind. In fact, that has been one of the few comforts we have had through this ordeal. All we have right now is a working hypothesis that some of the holders of convertible debentures might have taken short positions when the stock began to run into trouble, since they had a guaranteed ceiling replacement price to cover their positions. As far as anyone connected with management is concerned (and the term insider does imply management), we've seen nothing. Please show us the facts or refrain from speaking so loosely. Thanks in advance.

jess