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


To: Elroy Jetson who wrote (19225)9/1/1998 11:37:00 AM
From: Czechsinthemail  Respond to of 25960
 
Elroy, I agree that having cash on hand is a high priority for CYMI. But when the stock is priced at ridiculous enough levels, the company becomes its own best acquisition target. Selling puts offers a way of bottom-fishing for company shares. Using this strategy seems to me to be a better approach than outright purchases.

Of course CYMI seems to be taking off like it was shot out of a cannon today. It's nice to see the stock showing some strength again.

Baird