Andrew, Would really really appreciate your views on this subject:---
To: +Elroy Jetson (19725 )
From: +Bruce Dorval Saturday, Sep 26 1998 7:10PM ET
Reply # of 19735
Elroy, I subscribe to INFRASTRUCTURE. The report seems to reflect the general opinion about CYMI and market conditions, IMO, with the possible exception of a prediction that laser sales will increase about 30% in each of the next 3 years. (The discussion itself is fairly sophisticated and worth reading, but I won't post it because I know that Carl Johnson, the editor, is opposed to unauthorized circulation.) However, I hope he won't mind my mentioning that he put his money where he mouth is, so to speak, by buying 300 shares for his model portfolio and planning to buy more on pull backs. Bruce
Subject: Cymer (CYMI)
To: Bruce Dorval
From: Robert Einstein
Sep 27 1998 5:39PM EST
Reply #19735 of 19735
Hello, This is exciting news.
If sales go up 30%/yr for three yrs that means at the end of three yrs the sales will be apprx 130% higher from these levels.
The rule of 72. 72 divided by 30 = 2.4yrs for the sales to double and then thirty percent of that, which brings us to a little more than 160% higher from here. If that is the case , and CYMI traded in the 40's in 1997, why should it not trade above 100 in 2001.
Where is the Flaw in my thinking. Thankyou
Robert
|
