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Technology Stocks : Credence (CMOS): Anyone out there

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To: smallcapmaven who wrote (472)3/5/2001 2:53:13 PM
From: BWAC  Read Replies (1) of 497
 
Well lets see here........just to balance out the doom opinion; lets reference back to this post from last week one day:
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To:smallcapmaven who wrote (74676)
From: smallcapmaven Friday, Mar 2, 2001 2:56 PM
Respond to of 75679

CMOS is toast...Didn't break resistance...lol!!!
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Now would you very much like this to go down a little? Just a tad? Possibly? Maybe?

And the comment "CMOS is way overvalued here ..."? Define way? $1, $5, 50%??

CMOS current valuation is around $1.3 Billion at $25 per share. Which includes around $750 Million of cash, current receivables, and other assorted property belonging to the company. And effectively zero debt. So are you saying the earnings power of CMOS isn't worth $650 Million or about $11 per share? When in better times, oneday, someday, it has the potential to earn over $2 per share or in excess of $100 Million earnings, and generate a 25% return on equity?

Or did you just based 'overvalued' on a snapshot momentary glimpse of the expectations for the current quarter extrapolated over the next several years? If this is the case, are you in fact recommending that this is the way to invest?

So $25 per share may be a little low? It may be a little high? It may be just right? But it certainly isn't "way".

I hazard to guess that if it was in fact "way overvalued" you certainly would not be here telling us all that. You should be busy building your short position instead of posting.
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