Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric Jorgenson who wrote (10951)	12/4/1997 1:12:00 AM
From: ben luong	Read Replies (3) \| Respond to of 25960

>> short sellers - 100% gain in two months for the more adept traders. Your statement does not make any sense at all. No short seller can have a 100% gain unless the stock goes to zero.

To: Eric Jorgenson who wrote (10951)	12/4/1997 11:40:00 AM
From: diana g	Respond to of 25960

Re: "...hold and have patience.:-)" I'm doing that. As Clint Eastwood said "The only way they'll get my Cymer shares is to pry them out of my cold, dead fingers." (I think that was in Treasure of the Sierra Madre, yes?) I'm considering increasing my position in Cymi. I can see that this large Short Interest could provide additional impetus to the long-awaited move up, and I like that. But why does cymi have so large a Short Interest relative to other companys which seem to be in similar situations? If one is playing chess with an opponent known to be competent, and he makes a move which doesn't seem to make sense, it is not wise to assume it is a foolish or mistaken move. Likewise, I don't think it wise to assume the 4.47M Short Interest is held by people who are unaware of Cymi's upside potential. I think there is a REASON for the large Short Interest position (relative to other, similar, beaten down stocks.) I don't know what that reason is. I wish someone could give a plausible explaination so I can buy more Cymi without feeling like there's something going on here I don't understand. In the meantime, I'm holding onto my current Cymi position like Grim Death, in full confidence that, in the long run, it will do well. Best Regards, diana