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Technology Stocks : Cymer (CYMI)

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To: Mason Barge who wrote (6684)10/26/1997 7:00:00 PM
From: sepku  Read Replies (1) of 25960
 
Here are Zack's numbers that apparently haven't been updated since Q2's results:

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Research Analyst's Earnings Estimates and Actuals
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Consensus Estimate for Current Fiscal Year ( 12/97 ) $ 0.81 per share Consensus Estimate for Next Fiscal Year ( 12/98 )$ 1.03 per share
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Consensus Estimate for Current Quarter ( 9/97 ) $ 0.21 per share Actual Earnings Last Quarter ( 6/97 ) $ 0.24 per share
EPS Surprise Last Quarter 50 %
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Also, note that no analysts bothered to revise estimates for several months, even following 2Q's 50% blowout. So I believe the consensus estimates for eps in 1998 are severely outdated by at least 6 months and do not factor in the developing factors within that period of time. It is a well-known fact that the industry experts and analysts did not anticipate migration to 0.25 litho this soon. After these institutions have accumulated to their satisfaction, there will be upgrades and eps revisions. Notice that based on these defunct numbers from Zacks, that growth from '97 (0.81) to '98 (1.03) anticipated a mere 27% growth. Way off mark and seriously outdated.

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