Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bob Kim who wrote (23667)	11/30/1999 8:11:00 AM
From: orkrious	Read Replies (1) \| Respond to of 25960

An analyst should not be recommending purchase of a stock if his price target suggests the stock will go down. Clearly. The problem is that many analysts, Fitzgerald included, don't want to look bad so they are overly conservative. In a case like CYMI, where was Fitzgerald when the stock was 10. No one was recommending CYMI there. Further, his price targets are out to lunch. 1) His estimates are too low. 2) What good does it do to have a 30x multiply on a stock that will grow at almost double that for *at least* the next two years. Jay