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


To: Ian@SI who wrote (22165)6/9/1999 9:49:00 AM
From: orkrious  Read Replies (1) | Respond to of 25960
 
Ian, re

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

The real question is what are peak earnings? Given the projections for the lithography market, Cymer's earnings should grow at 50%+ per year for the next 3-5 yrs (starting next year). After that projections aren't worth much. Even CSCO's.

Jay