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Technology Stocks : Cymer (CYMI)

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To: F. Lynn who wrote (7201)10/29/1997 6:09:00 PM
From: D.J.Smyth   of 25960
 
Nathan <<Cymer has a trailing pe pf 88.79, according to bloomberg,>> Cymer earned $.8035 the last four reporting quarters. that would give it a trailing pe of 32.35. this type of mis-information is what shorts use to trade stocks. Cymer is trading at 1998 pe of approximately 17 based on their assumptions of 40% growth next year.. i agree that buying back stock would be a move to rid Cymer of the shorts that have attacked its stock price with lies and innuendo. the techies are hung up on Komatsu which is behind the curve ball, yet ahead of the stock information rumor game. the techies are looking at process and not results. the market will ultimately judge results, not process. it doesn't matter if Komatsu has a better engine, even by the techies admirable inspiration. the diesel engine was also supposed to be "better". Ricoh built a "better" copying machine, but Xerox still commands the market. better does not equal loss of market share. if you're propelling forward at a significant rate of speed and you are two miles ahead of your competitor who is now just starting the race, it will take a substantial amount of time for the second run to catch up to you even if he is running 20% faster.

the techies have lost sight of the real world and instead are focusing on who has the better nose picker, is it the little finger or the index finger - actually it is whatever finger gets there first. Cymer is there now. apparently the techies love knowledge but hate the market volatility. since they are so enamored with Komatsu they should open an account in with Daiwa Securities and by their stock. no one has given a credible answer to the Komatsu challenge and/or competition. by the time Komatsu gets their lasers to the market Cymer will have already introduced their second generation systems.

lets get real. someone post something real instead of fear regarding Komatsunusissance.
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