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


To: Wayne who wrote (12667)1/15/1998 4:02:00 PM
From: John Bloxom  Read Replies (7) | Respond to of 25960
 
Here's why the stock is trading down:

CQG Jan 15 CALL - CYMER INC (CYMI)

Open Int.: 313,000

CQG Jan 15 PUT - CYMER INC (CYMI)

Open Int.: 163,000

Best price for the M/M's as of tomorrow's close: $15.00 (both contracts go into the trash).

Last price I saw this pm : $15.125.

You gotta admire those guys in a way, you know. If they can hold the price here for one more trading day, they'll succeed in rendering worthless the very contracts they sold.

That's my read, anyway.

Regards,

John



To: Wayne who wrote (12667)1/15/1998 4:25:00 PM
From: Darryl Olson  Read Replies (1) | Respond to of 25960
 
<<Actually one wonders why they are spending money on a PR firm at all. Clearly whatever they are paying them could be better spent doing somethin else...>>

I agree. I like Bob's idea of putting a "Cymer Rules" t-shirt on a monkey. With what they are spending they could probably afford alot of t-shirts and monkeys. Of course, if today's action continues, they will have to change the t-shirt to "Cymer Fools"