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Technology Stocks : Cymer (CYMI)

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To: Curlton Latts who wrote (20674)1/21/1999 4:20:00 PM
From: Ken Zeller  Read Replies (1) of 25960
 
>> when you consider that next year EPS conservatively predicts to be $1.00 <<

First call says .21 in 99 and .80 in 2000 Where do you see the extra coming from?

Current PE is @ 50. Based on 1st call est for 99 it is nearly 100. Long term growth curve has turned down. Institutional o'ship is just 5%. They seem to be wary after the distortions in the past regarding the strength of the backlog of orders and the questions surrounding reserves for warranty repairs etc. Of 5 analysts following, 3 have it as a hold. ASMLF and SVGI are struggling. Haven't heard anything about Canon lately. Competitors are not idling. Don't you think the market has priced this one accurately?
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