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: Curlton Latts who wrote (17213)	4/28/1998 9:13:00 PM
From: Zeev Hed	Respond to of 25960

Lets put this "controversy" to rest. I erred in late January, thinking that February will see the brunt of the Asian flu, instead, we got a liquidity driven strong market, and we did not get the decline I expected since the middle of last year to continue till early March. However, the post referred by you and Robert was not intended to rewrite history, it was referring to a question I was asked about a worse case scenario (in early November, when Curly (once again, if memory serves) was upset I suggested to a poster that writing the 25 calls could be a good strategy if one plans to hold the stock for the long term), when the stock was trading (if memory serves) in the 23 to 25 area, that is when I stated that a worst case scenario could be in the 13'. That call (in November) was not shabby at all, the call in January, was a "disgrace". I am pretty happy when I hit it 60% of the time, so my next target of the mid 19' (of last week, when the stock did not hold 25) could be a next test. If the stock does not breach 20 in the next six weeks or so, crucify me (VBG). Mind you, it is now almost six months since that first post, and the stock is more or less when it was then, ya, it has been about 8 bucks higher and 8 bucks lower in the interim. Zeev