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Pastimes : Don't Ask Rambi

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To: Peter Speyer who wrote (3224)9/27/1997 6:30:00 PM
From: ZinMaster   of 71178
 
Yep, I'm holding a little bit of Cymer. My basis is around $33. I'd like to average down, but SFAM ate all my spare cash last week. Fortunately or unfortunately, I am still holding a bunch of Oct55 SFAM. The $6 rise on Friday doesn't put me back in the money, but it goes a long way to reducing my losses. Wish I'd bought those calls at 3/4 instead of 4. I'd be up 200% instead of down 50%...oh well...there's still a decent supply of '85 through '90 zins in the cellar...

As far as Cymer strategies, I guess I'd wait for a solid base, or some solid climbing before I'd put in more money. Maybe there really is a shortage of fully densified fused quartz suitable for deep-UV optics. If so, the time to buy is when that supply problem is corrected. Then just hold on...

-zm
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