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


To: orkrious who wrote (18740)7/26/1998 6:39:00 PM
From: Curlton Latts  Read Replies (1) | Respond to of 25960
 
July short interest up 24% was on the windowdressing day the 15th. On that day and the previous day the stock ratcheted up sharply because the amount of short interest has remained on an average intramonthly basis at higher levels. Everything possible was done to keep the short interest # down on the reporting day. Mr. Master Of The Universe Knucklehead Smith 4 Million Shares Short In 60 Days Regardless Of Price Man would like to cover, but, can't because there just aren't enough shares available. So, we see the continued thrashing around, gyrations and rhetorical rancor because of a refusal to take the beating in the market that it would take to cover. Eventually, business will take a very profound upward swing and it will precipitate a six bagger upward movement in the stock. Anyone can see that the past 9 months have been a minor correction in what is a major secular positive growth environment for semiconductor chips. It's only a matter of time with companies like Compaq and others reporting thinning inventories before business takes off again. CYMI with its tremendous acceptance of what is virtually a monopoly on the key technology will continue its leadership.

Good Luck To Each And All

Curly

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