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Technology Stocks : Cymer (CYMI)
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To: missing who wrote (6484)10/25/1997 2:21:00 PM
From: D.J.Smyth   of 25960
 
missing. if investors are as stupid as you imply, then the stocks need to decline by this magnitude. The DUV market is expected to be a $7billion market by the end of 1999 according to VSLI and beyond that up to $12 billion CYMI market cap two years prior to that ramp up is a little over $800 million. CYMI has the only worldwide organization capable of capturing the lions share of the DUV market. Both Komatsu and Lamda are well aware that it will take them years to establish the same worldwide organization and support that CYMI has currently in place, despite their capitalization. maybe i'm missing something myself.
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