SI
SI
discoversearch

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: Guy Gordon who wrote (21356)3/17/1999 11:01:00 AM
From: Investor2  Read Replies (2) | Respond to of 25960
 
Re: "Anyway, I do know what upgrades and increasing earnings mean."

What do upgrades mean?

Thanks,

I2



To: Guy Gordon who wrote (21356)3/18/1999 11:24:00 PM
From: Guy Gordon  Read Replies (2) | Respond to of 25960
 
I sold half of my Mar 22.5 calls yesterday for 3 5/8 (+130%).
I'm going to hold the other half to expiration and use them to buy 1000 shares at 22.5. That will double my stock position in CYMI.

I got a copy of the Morgan Stanley report on Cymer Inc. Looks pretty good. They have a price target of $37, which is based on a PE of 30, and 2000e earnings of 1.25. I expect 37 much sooner than that.