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Technology Stocks : Credence (CMOS): Anyone out there
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To: smallcapmaven who wrote (490)5/16/2001 9:42:08 PM
From: BWAC  Read Replies (1) of 497
 
Not today. Its a $24 stock.

Your still refuse to give any valuation whatsoever to cash on hand and other business assets of the company. No debt to back out. That stands around $14 per share. I guess the other $10 represents some faction of normalized expected forward earnings over a full cycle from the top to the bottom. An average so to speak.

Now someday it might well approach 12. At which time it would certainly be a prudent buy? Right? So why should you or anyone expect it to actually got there?
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