SI
SI
discoversearch

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 : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 177.33+1.2%9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Defrocked who wrote (2636)10/5/1997 11:14:00 PM
From: Cary Salsberg   of 10921
 
Defrocked,

RE: "...but considering today's pricing one is likely receiving value here."

I agree that CYMI looks like a good value at $27, but a worst case scenario would start considering the following factors:

1. Komatsu - Japan has traditionally been an uneven playing field. If Komatsu's lasers APPROACH CYMI's in quality, CYMI could lose 80% of the Nikon and Canon accounts;

2. Industry cycles - Jean-Philippe Dauvin, group vice president and chief economist at SGS-Thomson Microelectronics and guru of the semiconductor industry, has predicted the end of the up cycle in 2001-2002. An anticipated fall off in sales and earnings could reduce CYMI's PE to 15 in 2000 and produce today's price followed by further declines in a semi-equip bear market.

Cary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News