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Technology Stocks : Cymer (CYMI)

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To: FJB who wrote (23312)10/20/1999 8:09:00 PM
From: Jerome  Read Replies (3) of 25960
 
Gottfried, Their BTB was .9856. This means that business was OK but not outstanding going forward. But is this a reason to tank a stock from 41 last week to 27 today? This kind of thinking worries me. The same thing happened to VECO . In the last quarterly report the BTB was .99 and the stock got hammered. No matter that they beat estimates and estimates were raised for this quarter. In my opinion the BTB number is taking on a life of its own. What would happen to to CYMI stock if they beat estimates and report that revenues will only be up modestly next quarter? Quien Sabe?

Jerome
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