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Technology Stocks : Credence (CMOS): Anyone out there
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To: Hanney Yin who wrote (303)2/25/1998 2:21:00 AM
From: L.B.Nguyen  Read Replies (1) of 497
 
Yin, you may want to sell covered call, Mar 30, on this one to collect $2. 7% returns in three weeks is not too bad. Analysts have revised the 2Q EPS to 47 Cents down from 50 cents (First Call). It is still a bit high; however, it is achievable if revenue will be around 100M. I think I am going to bail CMOS this week to play SMOD, definitely will return big time to CMOS if EPS drops down to 42-43 cents range. Good luck and good trading
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