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Technology Stocks : Cymer (CYMI)

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To: Matt Webster who wrote (14211)2/6/1998 12:19:00 AM
From: Mark20  Read Replies (1) of 25960
 
Matt,
Sold my Feb calls today. Tripled my modest investment. Curly has convinced me that this company is a winner. I hope I'm not a victum here. But all the semi's took a step back today and I hope Cymer will follow tomorrow. I'm hoping for two reasons. First I didn't like my Febuary calls. They are so close to expiring that it feels like my ship has a big leak. I hope Cymer drops a couple points and then I'm going to buy some calls a few months out with the increased capital. Secondly I took half the profits from today and bought 15 puts. I put an order to sell at 100% return (1 3/8) and I'm off tomorrow snow boarding. Hopefully when I return home everything will be good. The only huge thing that worries the hell out of me is this short squeeze. I basically figured out what this concept is all about. Thanks to all the posts this week. I'm scared the stock is going to make the jump to light speed and I will never get back on board.

Very much a novice
Mark
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