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Technology Stocks : Cymer (CYMI)

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To: Proud_Infidel who wrote (20520)12/29/1998 10:23:00 PM
From: Zeev Hed  Read Replies (2) of 25960
 
Brian, toward the end of next year, I think we may bounce against $30, again, the old time high, if memory serves was around $50, and I would not be surprised to see that number, once the quarterly earnings are intching above $.35 to $.5 or so (and getting there in a series of sequential improvements). I do not see that for another five quarters or so. At that time, the market may also look further into the future (year 2004 and beyond) and it will be very important for the market to discern activities within CYMI addressing the post lithography age needs of the semiconductor industry. I also think that CYMI must broaden its base to assure that technological changes do not threatens its existence (I see no threat in the next three years at least, but corporate chieftains should think in term of 5 and 10 years), without a strategic vision of long term viability, the market enthusiasm for CYMI may not be there three years down the road.

Zeev
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