SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ATMI-THE NEXT AMAT?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Harvey who wrote (371)4/18/1999 11:40:00 AM
From: William Nehls  Read Replies (1) of 677
 
Dear Mike, Like the numbers but they are well known already. Using PE of .75, this stock could move up to close to 25 assuming one can annualize your qtr. figures. Seriously, ATMI has been a big holding of mine for quite a while and think quite highly of it. For all my efforts, the total profit on a holding of 11000 shares is $105.12 (decimal point is correct) over two years as I have chosen to Long-term hold it. Have been very aggressive using put and call options (all on the short side) playing the tremendous volatility of this beast and have done very well. I actually have come to view it as a personal contest between me and option marketmaker. He or she is damn good at refusing to give up any part of their spread and is very quick to move the Bid/Asked whenever I try to move 20 or 30 options at a time.
Premiums are very good but the movement in the stock price is wild. Chickened out on a short April 22.5Put on Friday and covered when it looked like the stock would stay below 22.5. As soon as I covered it at 15/16 the damn stock moved up 1.5 points on smaller volume than I own myself. Can't wait to see what happens on Monday.

Don't have any great insight into the future other than ATMI has a great reputation for technical skills and R&D. Earnings projections are as wild as stock with projected earnings of close to $1.00 next year yet still cranking at .06 to .08 /quarter right now. Chat boards on ATMI are very quiet all over (SI,Yahoo,IndInvest. etc).

Good luck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext