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Technology Stocks : Cymer (CYMI)

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To: Cymeed who wrote (13781)1/31/1998 12:23:00 PM
From: Mr. Aloha  Read Replies (2) of 25960
 
Yes.. The company seemed geniunely concerned about shareholders and how it interacted with them...press releases etc...

I disagree with JayD regarding...

"He may be right again that 1998 will not be a great year for Cymi
in terms of revenue and profits. (But he also said 1998 is a great year for Cymi in terms of stock price by raising his rating.)

The stock price IS revenue and profits...

If Cymer does anything near $.40 for 1998... the stock will be at $10 and that's a large % decrease from $15.

I agreed that his comments about a slowdown were fair, I also feel however that the demand for DUV is VERY STRONG and once the smoke clears... projections and demand will increase. Maybe I have my rose colored glasses on but I think the end of 1998 will be favorable. The next 2Q's will be product advancement and inventory adjustment.

I don't think the company will buy stock unless the price falls to $13 or below.

At $.40 and 30 million shares that's Net Income of only $12,000,000 for all of 1998. What's that... like 200 lasers with a LARGE expense for R&D and Service. 200 / 4 = 50 per Q? What about increasing service/parts revenue? This company could become a cash cow. Residual income is AWESOME! :-)

Aloha
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