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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom? -- Ignore unavailable to you. Want to Upgrade?


To: FIFO_kid2 who wrote (539)10/28/1997 2:23:00 PM
From: FIFO_kid2  Read Replies (1) | Respond to of 2313
 
Should have had the guts of buying the DEC 30 or 35 call options on the open. I waited until the market started its rally which had cost me dearly on percentage terms. On the open the DEC 30s were below 1 and the 35s were $.50. Nevertheless, I paid $.50 more for the option than was originally quoted me (3/4) and still made 7/16 on the trade. On a percentage term it was a respectable gain but it was nowhere near the percentage gain from the rally we had in the stock last week. This stock is going to be volatile for a while. Fundamentally, this is among the best stocks in the semiconductor area.