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Technology Stocks : Cymer (CYMI)

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To: Steven Angelil who wrote (12895)1/21/1998 2:48:00 PM
From: Martin A. Haas, Jr.  Read Replies (1) of 25960
 
Steve, I have been following you and others on the CYMI thread for awhile. Have you thought about selling covered calls on some of your CYMI selecting out of the money strike prices. Over the past six months, I've had some good luck selling calls on AMAT and CSCO. I believe, the price volatility of some of these stocks allows one to jump back in even if the shares get called away.

I think CYMI is a great company. Your experience with it reminds me of mine with IDTI which I finally bailed out of. I'm thinking of buying CYMI at 14, yet I'm discouraged by the market action on SVGI today and thinking that the same result result may occur after CYMI's earnings announcement.

I hope CYMI comes back soon for you and others.

Regards,
Marty
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