Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: TideGlider who wrote (7225)	10/29/1997 7:50:00 PM
From: TelecosmFan	Read Replies (2) of 25960

DLJ: 10/24/97 CYMER (CYMI: $26.69 ) Lighting The Way To A Brighter Future We have a buy recommendation Cymer with a twelve month price target of $33 based on roughly 30 times our 1998 earnings estimate of $1.08 per share. Given its very dominant position in a very critical, bottleneck technology impacting the entire semiconductor market and the huge growth prospects for this market we think they deserve a strong valuation. We feel the core fundamentals remain unchanged. The market is big and growing fast and Cymer has it all to itself and has the technology. In a very positive and upbeat conference call Cymer announced third quarter results beating our estimates and street consensus. We view Cymer as one of the premier very high tech companies in the semiconductor equipment industry. We are comfortable with our buy recommendation and our earnings estimates going forward. It is our opinion that the company has substantial upside potential.

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