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Technology Stocks : Cymer (CYMI)

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To: Zeev Hed who wrote (9753)	11/15/1997 12:37:00 AM
From: SPEEDRACER	Read Replies (1) of 25960

Zeev, How did that stategy work if it was put on when the stock was 30??? Just sell naked puts. After all it is almost the same thing!!! Please don't suggest covered writes to people in a stock that has gone from 15 to 50 to 16 in 6 months.... This is not the way to make $ in the markets. How did that strategy work on any tech stocks this year? It didn't!!! DELL GTW, ASND, WDC etc. A good strategy for a utility in this environment but certainly not techs.... SPEEDY================================================================

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