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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: TechHunter who wrote (22163)6/9/1999 9:26:00 AM
From: orkrious  Respond to of 25960
 
Craig, I definitely agree with you, although your prices are off a year. In Net Present Value analysis, it is not unreasonable for stocks to sell at a discount to the following year's earnings. Consequently, Cymi should be over 100 next year.

Jay



To: TechHunter who wrote (22163)6/9/1999 9:27:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 25960
 
Craig,

You'll be disappointed if you multiply Peak earnings by growth rate for cyclical stocks.

Ian.



To: TechHunter who wrote (22163)6/10/1999 2:39:00 PM
From: Michael Young  Read Replies (2) | Respond to of 25960
 
<< Jay based on your estimates;
1.50 Earnings, 50% Growth would support easily, with no 'fanfare'' a PE of 50 If so.... >>

CYMI will get a PE way under 20 at peak earnings. Maybe lower.

It is probably a great buy here, but don't forget it is a cyclical business.

MIKE