Cymer (CYMI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cymer (CYMI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: brasilbound who wrote (4424)	10/3/1997 6:52:00 AM
From: H.J. Schellenberg	of 25960

Value Investing at a P/E of 48 ?? I doubt seriously whether Benjamin Graham would touch this stock at a P/E of 48. ASND is a good example of why "bottom fishing" can be dangerous. In the mid-50's, this stock was extremely undervalued and oversold by all technical measures....now, it's in the 30's and still extremely undervalued and oversold. I reckon CYMI will have it's day, but that day will be from about $17 to $21; followed by a sharp downturn as the October stock market blues set in. Don't forget the market itself moves stocks. We are overdue for a real motherfu#$%^ of a correction in the next 60-90 days. If you really can't stand to part with your beloved CYMER, I suggest you at least buy a few October or November puts to hedge yourself. Don't let me say I told you so!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next