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


To: Czechsinthemail who wrote (13620)1/30/1998 9:54:00 AM
From: Doug Skrypek  Read Replies (2) | Respond to of 25960
 
Guys: I think its in the interest of accurate journalism, that we all take a minute and send an email to CNBC correcting them on their hatchet
job of reporting CYMEES earnings-its a disgrace the way they are manipulated by the street.



To: Czechsinthemail who wrote (13620)1/30/1998 9:58:00 AM
From: Candle stick  Read Replies (1) | Respond to of 25960
 
Baird , Isnt that the craziest report you ever read? Downgrades and reccomends buying.....wall Street analsts are not worth sh**. they want to have it both ways and will always try to say they were right.....driving the market this morning are a combination of 3 things....

1) Morgan Stanley upgrade to OUTPERFORM. MS is one of the few analysts on the street widely respected.

2) Short position of 4 million shares.

3) News of a 50 million dollars share buyback. (Aprox. 3 million shares)

Ultimately what we have here is a massive short squeeze going on, as people realize that between the short position and the buyback almost 1/2 the float could be bought in SOON............;^)



To: Czechsinthemail who wrote (13620)1/30/1998 9:59:00 AM
From: john douglas  Read Replies (3) | Respond to of 25960
 
I'm curious to know if anyone can tell me when DLJ issued their "buy" rating, which they downgraded to "market perform" today?