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Technology Stocks : Cymer (CYMI)
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To: Shakush who wrote (9032)11/11/1997 2:19:00 PM
From: Steven Angelil  Read Replies (2) of 25960
 
Duane, what puts did you buy and how much did you have to pay?? I was going to buy puts earlier, but they were so expensive. Now we know why. What downside from here are you looking to protect? 5 points, max? I can't see this thing at 15 or under for more than 10 seconds, if at all. If you bought the Nov or Dec. 20's, and we close where they are in the money, are you giving up your stock?? I would hope not. Please explain in detail what you did and what your strategy is at this point.

Thanks,

Steve
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