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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (3462)11/13/1997 5:46:00 PM
From: Ira Player  Read Replies (1) | Respond to of 10921
 
Ian,

Back to the "no brainer" jousting. (reference: 3267, 3272 and 3273)

As you are aware, I'm a trader not "Ima Invester". (Actually, I do take long positions and "day trade" with margin, always closing margin before the bell)

CYMI showed the strength this afternoon and you position guys may want to look at it. I jumped in when it turned around (low of 16.5, I got in at 17 even, missed the bottom) and closed before the market made me hold overnight (18.5, I missed the top of the afternoon too).

Right now, I'm playing CYMI as day trades. I don't think it will open well tomorrow. Once it stablizes, I will go long (for me, that's 2 to 8 weeks).

Enjoy the ride,

Ira



To: Ian@SI who wrote (3462)11/13/1997 7:09:00 PM
From: Cary Salsberg  Read Replies (1) | Respond to of 10921
 
Ian,

RE: "CYMI has $12 Book almost 1/2 of which is Cash
or Short term investments."

In an earlier post, I cut and pasted the following from CYMI's
Yahoo Profile. Please validate your numbers.
If they are true and I had known earlier today,
I would have bought at $16.75!

I HATE YAHOO! YOU ARE CORRECT! I BLEW THE EARLIER QUESTION
ABOUT CYMI AS A VALUE PLAY.
BOOK = 12.39 CASH = 5.50 INVESTMENTS(?) = .75

Per-Share Data
Book Value (mrq) $3.90
Earnings (ttm) $0.61
Sales (ttm) $4.85
Cash (mrq) $1.06

Cary