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: W. Clinton Terry who wrote (5984)	10/23/1997 4:41:00 PM
From: Apple12	Read Replies (2) \| Respond to of 25960

.21 on zacks

To: W. Clinton Terry who wrote (5984)	10/23/1997 4:59:00 PM
From: Mason Barge	Read Replies (1) \| Respond to of 25960

First Call was at .21 if my memory is correct, and I think the highest analyst was at .22. Estimate for next quarter is .22 and I think we can expect an increase in the very near future. This .23 includes one-time charges for new facility and warranty set-aside, so earnings are actually underreported. The analysts will have to light up the "buy" sign. Montgomery lowered Cymer on a multiple time earnings basis, I believe from 40x 1.06 to 30x .96. This should put us at least at 32x 1.00 estimate from Montgomery, and 35x 1.04 would be a lot more realistic. Cymer is going to exceed .22 significantly next quarter, IMHO, maybe as high as .26-.28. At this point, 35 is cheap for this stock and I bet we see it as soon as the market turns up a little. Horrendous wafer-fab dive today, caused by this morning's Hong Kong flu epidemic. Anway, it may take a couple of upgrades, but I see 35 in Cymer's near future.