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Technology Stocks : Cymer (CYMI)
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To: Jerome who wrote (23005)9/1/1999 7:58:00 PM
From: Darryl Olson   of 25960
 
Jerome,

I would suggest you consider projected earnings for the next year and compare your PE ratio to the stock's projected growth rate.

A stock's price is usually based on the market's (collective investors) opinion of that issue's prospects. Of course, irrational opinions can drive this either way, ie, CYMI's peak at $49 vs their trough at $6.
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