Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Curlton Latts who wrote (14276)	2/6/1998 2:23:00 PM
From: Mr. Aloha	Read Replies (4) of 25960

I'm sorry but I just don't see it? There's 30 million shares outstanding.. The float is pretty close to 20 million shares. The rise to $50 was on momentum and forecasts of $1.50 - $2.00 per share. Earnings were skyrocketing and everyone fell in love (greed). Now we have a more modest forecast because of Asia and the initial laser orders received. Cymer was too low and now it's adjusting just like the rest of the crowd. Dreams of $50 based on current earning estimates because of Mr. Master of the Universe is too far out for me. Aloha

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