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Technology Stocks : Cymer (CYMI)

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To: Burton Waxman who wrote (5688)10/22/1997 4:09:00 PM
From: Steven Angelil  Read Replies (2) of 25960
 
A telling factor that means what? I assume since you said low volume and low price, you mean that tomorrows closing price will have little correlation with the earnings. I would agree with that. However, if we see a sudden surge in volume tomorrow, whichever way the price goes, our earnings will probably be in that direction. I am kicking myself right now for not buying the Nov 30 puts when the stock was at 31 for all that time last week. Now, its a pure gamble. The news will have to be horrific to get me to turn loose of my shares. THis stock has been beaten to a pulp, but who knows how much is enough? Fear has gotten me by the ___, but I did the opposite of what my head told me to do and bought more today. Buy fear and sell greed, right?

Good luck sleeping tonight:-(

Steve
I just hope we all did the right thing by loading up on this company. Management is all we've got here. If they are not shooting straight with us, we're screwed.
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