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: John Bloxom who wrote (12004)	12/27/1997 1:23:00 PM
From: Mr. Aloha	Respond to of 25960

I agree with your analogy regrading the current price. (EOM) Aloha

To: John Bloxom who wrote (12004)	12/27/1997 2:42:00 PM
From: Curlton Latts	Read Replies (1) \| Respond to of 25960

John B:>>short debenture holders will cover just like any other short - when the price begins to recover. Waiting until the price approaches the conversion price makes no sense since during that wait, the gain on the short sale will slowly erode to zero. And as I recall the numbers, the debenture theory can mathematically explain only a small portion of the short position now out there. <<<< Right on John. Mr. Master of the Universe Reckless 4.7 Million Share Short Man is short approaching ONE-HALF of the complete floating supply of this stock at an average cost of approximately $30!!!! A "run" on the stock caused by continuing strong fundamentals or a routine stock buyback program will snap the trap shut and cause convulsive pyrotechnics to the upside. Mr. Universe will be afraid to see losses which will begin immediately at the $30 level. It will certainly get interesting, to say the least. As I've said before; any idiot with a check book can short 50% of the floating supply of a stock; avoiding losing money before the trade is concluded becomes much more problematical. Good Luck To Each And All Curly ~~~~~~~^^ [6.6] .....> [_]