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Technology Stocks : Synaptics
SYNA 68.14-4.1%3:07 PM EST

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To: Gottfried who wrote (76)2/25/2005 11:00:35 AM
From: Sam Citron  Read Replies (1) of 191
 
fundamentals, as they depend on Apple, are about the same as they were before Neff announced his concern Apple might drop Synaptics

SYNA was trading at an all time high just above 40 right before Neff dropped the bombshell so there is lots of room for further upside IMO. As for SYNA's dependence on AAPL, SYNA will be a lot more comfortable as this gets back down to a more normal range as it inevitably will over the next two years.

doubt March $22.50 puts will be exercised

That's what I love about writing naked puts at good strikes on stocks you don't mind owning: you can't lose!

Sam
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