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


To: TideGlider who wrote (14169)2/5/1998 10:31:00 AM
From: pass pass  Read Replies (1) | Respond to of 25960
 
TG, here is the scoop. The CC said upcoming quarterly earning would be 10-15cents lower than current $0.24. Then Morgan cut FY98 number by 60% to $0.40. Then Reuter came up with the correction that earnings would be 10% to 15% lower, not 10cents to 15cents lower, which sparked the rally.

Just put in a sell stop at $20. Quite happy with the profit no matter which number turns out to be correct