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Technology Stocks : Cymer (CYMI)
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To: Curlton Latts who wrote (14802)2/18/1998 5:24:00 PM
From: W. R. Stolizino  Read Replies (2) of 25960
 
Greetings! Mr. Latts, I do not mean to seem sarcastic, for this observation is sincere. In response to your comment about fair value = $60, may I humbly submit that the objective fair value of any equity is its closing price at the end of the trading day, regardless of what one may believe it to be worth. FYI, I am long CYMI and May 25 calls, and made money buying Feb 20 calls. I like the issue, short and long-term, but I harbor no illusions about its "fair value."

- Stoli
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