Cmeed, think that here around $15/share, CYMI is a value stock, sure i could go to a discount to book (which right now is a little under $8.5), but personally, I doubt it will. Considering that within two years, this stock could easily sell at a PSR of 4 to 6, the current PSR of 1.3 seems cheap. Sure, you can find other entities to put money in, and I for one would strongly recommend that you spread your investments funds around, CYMI is one company well positioned for the next phase of cap expansion, a big chunk of which should be for technology improvement (where CYMI is strong) rather than new wafer fabs.
Zeev |
