Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Ian@SI who wrote (22344)	6/30/1999 8:45:00 PM
From: Jerome	Read Replies (2) of 25960

Its still possible to leverage oneself with CYMI. If one fourth of the expectations for CYMI are correct, Then buying some options instead of the stock might be the way to go. Because CYMI closed at 25 the following prices are strictly time value. Month & Strike Price July 25 1 3/8 Aug. 25 2 3/4 Nov. 25 4 3/4 Feb. 00 6 Near as I can tell the FEB calls are the cheapest and have the best chance of working out. They are 8 months out and cost of ownership is less than a 1/2 point per month. Now we all know that CYMI has been a laggard in appreciation relative to some others in this group. But the prettiest gal will more than likely give you heartburn rather than a good meal. Another way of making this pay off would be to write a covered call for Feb., take the $600 per contract and have an immediate 25% return. Since opinions differ I would like to hear other option writers opinions. If no one care about option strategies for CYMI, speak up and I'll go back to counting the cars in Cymers parking lot on Saturday to see how busy they really are. Good Luck, Jerome

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