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

To: Mani1 who wrote (23094)9/23/1999 8:16:00 AM
From: orkrious  Read Replies (2) | Respond to of 25960
 
But I think CYMI is expensive considering its forward looking PE and the also considering that the market share can only go down from here.

Without skepticism, we'd have no wall of worry to climb. Most companies get a premium for having a dominant market position, ala MSFT, INTC, and DELL. CYMI's position warrants a much higher PE, and its estimates are way too low. One of these days we're going to take off.

Jay



To: Mani1 who wrote (23094)9/23/1999 8:56:00 AM
From: John Westman  Read Replies (2) | Respond to of 25960
 
LOL... You are right Mani. My portion of the ride though started at 30 and when it dipped just below 6, my willow darn near snapped.

I didn't mean to suggest that we are in for a repeat performance just that exuberance is directly proportional to the length of one's memory.

j


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