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Politics : Formerly About Applied Materials
AMAT 297.57-6.6%3:59 PM EST

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To: Gary Burton who wrote (24277)9/14/1998 10:29:00 PM
From: Proud_Infidel  Read Replies (1) of 70976
 
Gary,

Re: why buy CYMI with heavy debt and relatively still high psr and twice book when one can buy several others trading very close to or under net net working capital and with no debt

The market is not totally blind. The others in the group trading at phenomanally depressed levels(LRCX psr of .4!!!, SFAM) are trading there for a reason; namely they are facing heavy competition from others in their respective niches. CYMI has a virtual headlock on the competition and owns key enabling technology for next generation devices.

BK
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