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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (24043)	1/20/2000 10:43:00 AM
From: Zeev Hed	Respond to of 25960

Brian, it actually ticked at $64 and probably higher later. I have reached my target for the period (to the end of February) and thus took the $64. I still think we will reach $85 or so by June, but between here and there, I also think that we will drift back to the low $50' maybe even a small breach under $50 (just above the former all time high) within the next two months. I'll use this opportunity to get back in (if I do not miss the boat <VBG>). Of course, if you are worried about taxes and LT gains, this strategy may not be useful. Since my trades are in a SEP account, there are no tax considerations to take into account, thus this strategy. This stock has been pretty "nice" to me and I expect it to continue this way for some time in the future. Zeev Zeev