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


To: Curlton Latts who wrote (21277)3/10/1999 1:27:00 AM
From: Guy Gordon  Read Replies (2) | Respond to of 25960
 
"Major buy signal"? You can say that again.

I bought the Mar 22.5 calls Friday, and got the stock on open Tuesday morning. Talk about lucky - I was debating whether to place a market order at 3am, or wait till open and see how it went first. I decided that Monday's market momentum would carry over and placed the order for the open. Got the best price of the day.

Can't say the same for the options, though. When I placed the order, CYMI was at 21 and the calls were 1 1/8. I got filled on open for 1 9/16. I think I was robbed.

I also think I'll use a limit instead of market order when I sell the options. All day today the bid/ask was 2 3/8 - 5/8. Then, after close, a trade was posted at $3. Some poor schmuck got screwed.

Last thought - I sure hope the sharp decline in AMAT today doesn't hurt CYMI.