Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Emile Vidrine who wrote (8378)	11/5/1997 7:22:00 PM
From: Maxwell	Read Replies (2) of 25960

Do you want a ride of your life? Lately CYMI stock has been hit pretty hard due to various rumors. This is what market inefficiency is all about. It will take some time to restore CYMI image, through a few (or maybe 1) good quarters of solid earnings. I am thinking about racking up at least 200-500 contracts of CYMI MAY 98 calls at various price. If CYMI produces solid earnings and a few new brokerage houses start to follow CYMI will be a homerun. I remembered last year on AMD thread, one gutsy investor bought 500 AMD calls contract for $60K that expired in 1 year when AMD was at $11. When AMD hitted mid 40s he liquidated his position for at least $1.5M in profits. This could happen to CYMI. Any gamblers out there? Does $1M sound good to you? If you think CYMI hits $40 by May you can only make 80% returns with the share you buy today. But if you buy options, 3-10X is conceivable. Maxwell

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