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Technology Stocks : Cymer (CYMI)

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To: Rustam Tahir who wrote (24061)1/26/2000 10:45:00 AM
From: TechHunter  Read Replies (1) of 25960
 
<- ASML shares are trading at 38x our new F2001 (December) EPS estimate of $3.70, which is the highest multiple in our universe of coverage by 6 points. The group average is 27x.>

As a long loong time Cymer holder, can anyone answer the age old question definitively regarding future P/E and market valuation in our sector?

If Cymer earns $2.00 p/share this year with 50% growth will we trade at 100 ($2xPE 50) or 60? (2xPE 30)?

Doesn't market dominance account for anything? I own JDSU and they have no where near the monopoly Cymer has.

Thoughts?

Craig
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