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Technology Stocks : Cymer (CYMI)

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To: Curlton Latts who wrote (23107)9/24/1999 3:04:00 PM
From: Mani1  Read Replies (2) of 25960
 
Curly Re <<At the last cycle upswing the industry was putting out over 1,000 lasers>> (per year I assume you mean)

No Curly, not even close. If you want to believe that you can, but it is simply not true. You can also believe that the industry is growing at 50% per year. Funny how all the expert in the industry disagree with you. You have been calling for Cymer at $200 for couple of years. Do you ever wonder why it has not happened? Could be that some of your assumptions are incorrect?

Cymer is a greatly managed company with a dominant market position. Probably will make around $1.50 next year and around $2.00 year after that. After that it is really unpredictable. I value them somewhere between $25 and $30.

Regards,

Mani
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