Lighten up, everybody. Here's a stock with a 40% 5 year growth number (with a patent portfolio to protect it) trading at 28 times a forward estimate that has been cut from $1.10 on the strength of a rumor about fused silica that has been found completely bogus. Management shows every sign of being a class act. All technical commentary is consistent with the thesis that the company owns something close to a 4-5 year monopoly on production grade DUV subsytems as well as the thesis that DUV is the only technology that will reach production grade within that period. It doesn't get much better than this, folks. Absent introduction of substantial issues not now visible, I therefore really don't care what the earnings tomorrow are, and I suggest that others ought not to care either (my former comment about dog food having been in jest). I'm a buyer here and below, and a seller somewhere north of $100.00 at some point in the future when the valuation begins to run away from the earnings. Between now and then, I plan to be an owner. I like being an owner. It requires little effort, and it's where the real money is.
BTW, anyone have an opinion on which company, after CYMI, will benefit the most from the move to DUV? Any opinions on DPMI in that connection? ETEC?
CYMI is only the first wave to hit this beach, IMHO.
Regards to all,
John |
