Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: IMPRISTlNE who wrote (8881)	11/10/1997 3:33:00 PM
From: esl	Read Replies (1) \| Respond to of 25960

bid 21 ask 21 1/8 are we bottom yet?

To: IMPRISTlNE who wrote (8881)	11/10/1997 9:10:00 PM
From: Orhan Birol	Read Replies (1) \| Respond to of 25960

Good thing I did not buy any! The way the market is acting you are better off in the sidelines. There are very few tech stocks not having broken thir support. Times like this, I would buy puts to hedge my position. If you are lucky and the stock turns up, a cheap premium on a near term option is not much to sacrifice, as this stock can fly with the thin float and large short position. But know that it has broken below the crash level, there is no way to tell where it will bottom. Good luck, Orhan