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

To: Mike Harvey who wrote (6525)	10/25/1997 5:33:00 PM
From: D.J.Smyth	Respond to of 25960

Good Point Mike - didn't bother to look at the interview date. This wouldn't be the first time the Ficklestein has made incorrect public calls. He admits during the article of shorting several companies in the April downturn only to watch them shoot back up. His comments "forget this, this is crazy". Another interpretation: Maybe he was crazy and the market was right for a change.

To: Mike Harvey who wrote (6525)	10/25/1997 6:14:00 PM
From: flickerful	Respond to of 25960

<<I would ordinarily feel sorry for his clients but, after all, they are dorks by definition for listening to him.>> a frightening thought, huh. listening to him, GAAAWD.

To: Mike Harvey who wrote (6525)	10/25/1997 10:11:00 PM
From: missing	Respond to of 25960

I think you are right about the interview being before the earnings. This, because Mr. Fuckenstien's mention of the price being 26 or so. He didnt have much of a ground to stand on other than calling Cymer a bulb company. If he disliked the co. or the industry, why didnt he speculate on the earnings of Thursday being weak? I have to stick my neck out and claim that if CYMI drops on Monday, its a must buy based on PE alone. .23 , .24 (est) , .26(est) , .26(est) = .99 eps for this +next 3 qrtrs Based on a price of 28, P/E would be 28/.98= 28.3 Now, if stock drops to 26, P/E would be 26.3 for a small cap stock in a dynamic industry. The .24 and .26 are based on the "A" teams claim of sequential growth. All of this in an environment where S&P500 commands a P/E of 19-20. IMHO, if the market takes a dive , CYMI will take a bigger dive (less liquidity). If the market stabilizes , we gonna' do fine.

To: Mike Harvey who wrote (6525)	10/26/1997 9:56:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 25960

<< The Barron's interview took place before Cymi's earnings release, it goes without saying. The good results and favorable outlook reported means the dork Fleckenstein has now been embarrassed in front of his clients. >> I agree with you that his comments with Barrons obviously took place before the earnings. I don't know if he was embarassed because he got a gift when there was an opportunity to cover at 25. I'm sure he took it. Also, I think he started shorting CYMI above 28 so I think he turned out OK. I thought he made some interesting points in his interview (not the CYMI part) and I agree with him on the box makers. I live near Seattle, maybe I should give him a call and ask him if he still recommends shorting CYMI after the earnings release.