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


To: Zeev Hed who wrote (25153)10/1/2000 5:01:35 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 25960
 
Zeev,

if we reach only my forecasted low, then it is quite possible that by 2002 (and I cannot "see" that far) we will get back above $60.

I cannot help but notice you make no mention whatsoever of fundamentals of CYMI or the sector. As far as I know, not one capex plan has been scrapped; investor sentiment has changed but not necessarily industry fundamentals. If this is the case(as I believe it is), CYMI could earn $3.00 in FY01. How can you justify a price in the teens? And why all of this talk of price targets without discussion of the underlying fundamentals, namely EPS?