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

To: Curlton Latts who wrote (10916)	12/3/1997 3:36:00 PM
From: brasilbound	Respond to of 25960

Folks; Uh, excuse me. Has anyone noticed Quote.com reporting 3,369,445,458 CYMI shrares traded today? 3:35pm NY time. Off by a few factors of 10, Yes?

To: Curlton Latts who wrote (10916)	12/3/1997 3:51:00 PM
From: esl	Read Replies (1) \| Respond to of 25960

What caused the turnaround? I just got back and missed this part.

To: Curlton Latts who wrote (10916)	12/3/1997 3:52:00 PM
From: Rodney Lockhart	Read Replies (1) \| Respond to of 25960

Curly, I guess the float number comes from the stock issued to the public in 1996: 3,340,000 2,000,000 142,918 --------- 5,482,918 x 2 = 10,963,836. How about 6,464,692 shares of preferred stock that was converted to common in connection with the IPO. The lock out was for only 180 days. Are these 12.9 million shares still restricted? Why? I can't believe the venture capitalist holding these shares held on as the stock slipped to it current level.

To: Curlton Latts who wrote (10916)	12/3/1997 4:43:00 PM
From: W. Clinton Terry	Read Replies (1) \| Respond to of 25960

"With over 40% of thin float short interest there is a certain major upward trend in price that is sure to catch short laggards in a switchbox pincer." If you have time, and who does these days, I would like to learn more about the statement you wrote above. First, the concept of a float is the number of outstanding shares...Second, the notion of short interest is the number of shares shorted. Therefore, the float minus the short interest equals the number of shares held long. Is this correct? If you see a situation where 40 percent are short, that leads to the possibility that there will be a short squeeze at some time or that the longs are wrong and the stock is going to go down further. Is this correct? You are opting for the first interpretation. Right? I think I know where I can find the statistics on the number of outstanding shares. Could you please direct me to where I might find the short interest for cymer and other stocks in general. Thanks very much. I am relatively new to this and am constantly trying to improve my skills. Clinton