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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (3273)11/3/1997 9:09:00 PM
From: Ira Player  Respond to of 10921
 
Ian,

Just pointing out that a good deal isn't always as good as it seems - short term.

If nobody else is ready to park their money there, why should you?

The buy at $30 today is still a buy in 3 months at $25, if nobody else is interested. When interest begins, the price will begin to rise. After giving up the first few points to verify strength, jump in.

I believe in FA and use it routinely. However, timing is the issue of my comments, not the target. The "brain" being basic TA techniques.

I don't believe in "no brainers". Fundamentals can sit at "attractive" levels for A LONG TIME before they are appreciated (pun intended).

Ira



To: Ian@SI who wrote (3273)11/3/1997 9:26:00 PM
From: Investor2  Read Replies (1) | Respond to of 10921
 
RE: "When a company is selling for less than book, less than 1*Sales, a P/E less than 5, ..."

You're not writing about CYMI, are you? Yahoo says the P/E is 30.

quote.yahoo.com

Best wishes,

I2



To: Ian@SI who wrote (3273)11/4/1997 2:05:00 PM
From: Teri Skogerboe  Read Replies (1) | Respond to of 10921
 
Ian,

Someone has already discussed this with you, but about CYMI's stats, they aren't even selling for less than one * sales. And Market Guide shows Book Value to be $3.90. ROE is good though. I'm getting a PSR of approx 3.7 (6 month sales * 2 = $174 million). When the other semi-equips were "no-brainers" their PSR's were ~ 1.5.

marketguide.com