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 : Cymer (CYMI)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TideGlider who wrote (10270)11/22/1997 12:19:00 PM
From: Mr. Aloha  Read Replies (2) of 25960
 
I was only talking about the debentures, conversion and S-3 filing.

All of them were a non-event recently. I don't see the short figures necessary to stipulate that the debentures shorted stock to cover their long conversion price. Could they have shorted and covered before some type of short count, then shorted again etc..??

As for the Analyst downgrade. It wasn't focused primarily on CYMI, but the tech sector in general. It sure wasn't a positive but I feel that the worst is probably built into the price. Will someone else come out and downgrade CYMER? With positive earnings growth I'd be surprised. Maybe more overblown Asia crisis B.S. - Who knows? I see more upside potential than down.

We're at approx. $22 off $49. How low can we go? I think $15 is about the bottom unless something tragic happened. I think a fair price is approx. $30 once the tech sector starts to move. (30 x p/e of approx. $1). When analysts and manufactures get all the bugs worked out and the smoke clears, we might be looking at $1.35+ for 1999 with supplies, service etc.. Throw in some competition too. (30 x $1.35 = $40) - who knows? It will probably trade at a high p/e of 40 once in awhile = $54 and get hit by some conversions etc..

In 6 months the picture will be more clear and analysts will looking at 1999. The Asian crisis will be old news and everyone lives happily ever after. In the meantime, I'll buy the same old AMAT, TER and CYMI. :-)

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News