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Technology Stocks : Cymer (CYMI)

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To: Robert Douglas who wrote (24428)3/14/2000 1:54:00 PM
From: ScotMcI  Read Replies (2) of 25960
 
If CYMI was one of the high-flyer stocks whose valuation is based on swamp-gas, I'd probably agree with you. However, they have genuine earnings, and sales predicted by a conservative company management to grow at a very strong rate. If the NASDAQ as a whole tanks, I don't see CYMI getting punished too badly or for too long. I think the worst that might happen is that it might not attain the larger earnings multiples we've all hoped for.

That said, if you're overweighted or nervous, lightening ship a little might be a reasonable thing to do, peace-of-mind wise.
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