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

To: esl who wrote (10076)11/19/1997 10:57:00 AM
From: esl  Respond to of 25960
 
That was a sharp decline all the way down from 20.375 to 19.5. The whole process finished just in 5 minutes. Dow is up 14 pt. Hope we can see 23 again before 18.



To: esl who wrote (10076)11/19/1997 10:58:00 AM
From: jim shiau  Read Replies (1) | Respond to of 25960
 
>AMAT doesn't look too good. IMO, next stop for CYMI is 19.5. We might see 18.5 today as well. There is no too much support on 20. Should sell some yesterday.

I really don't get what's wrong with this stock. As I know, it only has 6.6 m shares floated, and 3.3 m shares shorted, and 40% sales growth in the next 2 qtrs, and it droped to 20, and not too many shortees cover it. Something wrong. Anyway, too late for me to jump the ship.


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