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

To: Apple12 who wrote (8729)	11/7/1997 10:03:00 PM
From: BillyG	Read Replies (1) \| Respond to of 25960

Thanks Apple12 for the uplifting reading. Now if it can lift up the stock . . .

To: Apple12 who wrote (8729)	11/7/1997 10:50:00 PM
From: Douglas W. DeVries	Read Replies (1) \| Respond to of 25960

Apple 12: Great Post, especially the last sentence. "I view Cymer as a tremendous investment, a long term investment." In that vein, I like most of the other longs wish that I had waited until now to invest in this company. This short-term pain has indeed been difficult to tolerate. (I bought some more today at 21 1/2 and I will continue to buy more until this stock makes its about-face.) I know we have heard this over and over, but we all need to take a deep breath and take a long look at where this stock is right now. The conference call to report third quarter earnings was extremely positive. We have every reason to believe that earnings are currently accelerating at an attractive rate, i.e. "significant orders received since the close of the third quarter." Based upon the numbers previously reviewed on the thread I would put a high probability on the Company earning $ 1.50 per share in 1998. Right now we have a forward looking PE of 14.50 for this stock using this number. I don't see a lot more downside from these levels. Any short interest has to be extremely jumpy right now. When will they cover? Who knows for sure? All I know is that I hope that the short interest is real high again two years from now when this stock is trading north of $ 150 per share. I've noted the complaining and frustration with Cymer management over their promotion strategies and their fumbled exit from the Needham conference. I'll evaluate my decision to buy this stock "too early" in two years. I'm willing to wager that two years from now I'll be glad for the Needham pullout because without it I probably would never have been able to purchase the stock at these levels. UNCERTAINTY = OPPORTUNITY (When the fundamentals are in place.) LONG ON CYMI Doug

To: Apple12 who wrote (8729)	11/8/1997 2:27:00 PM
From: Gary D	Read Replies (2) \| Respond to of 25960

>Everybody has to stop watching this stock tick by tick.< Apple12, thanks for the excellent post. Although I haven't contributed much to this thread, I've followed it and found it informative and entertaining at times. But it can be time consuming. I will likely stay away from this thread for several weeks since there's no reason to feel uncomfortable with CYMI for the long term, and from here the downside risk is minimal compared with the upside potential. To sell at this point would likely be a mistake. Selling now to try to preserve 10% of what's left (in the event of a possible further 2-pt drop) would probably "cause" the stock to shoot up, and the reentry point could be higher. CYMI's chart shows there were several abrupt turnarounds earlier in the year. Douglas in post 8734 points out that CYMI's forward p/e is well under 20. CYMI's bottom is near (if not here)--CYMI should remain legal (21+); but if she becomes a teeny-bopper again, I'll be tempted to get out my checkbook to get more. My prediction for Dec. 1, assuming the overall market is higher by then, is the high 20's for Cymer. See you then. Gary D PS anyone know where I can find some Cymer "light bulbs" to hang on the eaves of my house? Didn't find any at KMART.