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)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dennis J. who wrote (22338)6/30/1999 7:29:00 AM
From: orkrious  Read Replies (1) of 25960
 
Dennis, yes, my estimate of $200/share in 2 years is earnings driven. Akins projects the laser market at $750,000 in 2001. Their operating margin goal (which at the annual meeting he said) is 22%, which if all goes right they will reach in Q1, 2001. This should give them 2001 EPS (figure 35M shares) of $3.64

At a 50 PE (the lithography mkt will be hitting on all cylinders then and CYMI's earnings will be growing at 50%) gives a share price of 164 toward the middle of next year (in a good bull market stocks sell based on the following year's estimates). Even if this stock price is a little optimistic, $200 the following year should be a slam dunk.

Jay
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext