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Technology Stocks : Cymer (CYMI)

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To: Mark Mandel who wrote (21392)3/19/1999 1:06:00 PM
From: ScotMcI  Read Replies (1) of 25960
 
I did much the same thing last month. I had some Feb 20 calls that I bought for $0.25 and were worth over $5. I exercised just before expiration. If I had sold the calls, I'd have paid taxes on the gains. I've now got the stock at a basis of $20, which I think will look like a great price at the end of the year.
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