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

To: Mr. Aloha who wrote (15638)	3/9/1998 5:49:00 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 25960

If I had your nerve I'd short Dell and Amazon too. It sure looks like the expensive techs are likely to correct. Yahoo and CMG Info Service and Qualcomm are expensive too, but these stocks all have strong institutional support. I wish you luck. I wanted to buy some Qualcomm when they announced the problems in South Qualcomm, but a very large percentage of stock is held by a small number of institutions so the price never became reasonable. These boys basically call their own price until they decide otherwise. The problem with shorting is what's your upside? Maybe 50% on Dell? It was a lot easier to make 50% on Cymer's run-up from $15, and a lot less potential downside.