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Technology Stocks : Cabot Microelectronics -- CCMP -- Ignore unavailable to you. Want to Upgrade?

To: Tom Pulley who wrote (27)9/30/2001 9:32:05 AM
From: Jerry Miller  Read Replies (1) | Respond to of 35
 
Tom,

the fundamentals sound good, but technically you probably want to wait for
it to hit 40.
lots of support there, going back to November 2000.

bigcharts.marketwatch.com

when it gets to 40 (and it will) wait to see that there are no sellers there.
if it holds, could be time to get in.

if 40 doesn't hold (war in the middle east) you'll probably get a chance to pick it up around 30.
that would be the last support level.



To: Tom Pulley who wrote (27)11/3/2001 1:19:00 PM
From: Tom Pulley  Respond to of 35
 
If anyone followed me into this stock a month or so ago;

Message 16431745

just wanted to point out that Dec 70 calls are paying over $7.00. It's nice to get lucky occasionally, but given the nice run in the stock and the Nasdaq and the toppy look we are seeing in many of the tech stocks, it might not be a bad idea to take another 10% and sit back and watch for awhile.

Tom


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