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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 5:00 PM EST

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To: Debt Free who wrote (1931)6/11/1998 11:39:00 PM
From: Bald Eagle  Read Replies (1) of 2694
 
I've made money in CY a couple of times before and it looked like we had good support above 8, but I guess that has been broken now. Actually, my average price is about 8 1/4 because I sold some SEP 10 calls for 5/8. I guess I'm in this one for a while now. I'm trying to sell some SEP 7 1/2 calls on the rest, but at a higher price than I can get right now. Maybe, I'll forget about CY for a few months until the whole semi industry turns around. It's in my IRA, so I can wait a few years if I have to.
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