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

To: Curlton Latts who wrote (9168)	11/12/1997 12:05:00 AM
From: chaz	Respond to of 25960

I think your No.2 sorts this out correctly. I am not a holder (yet) or a short of CYMI...but I'm a watcher, and when I feel it's right for me, I'll buy in. And what I'm looking for is a PEG below .5. From what I can guess that takes $13. Reason: it may just be that the Asian Market for Cymer will remain OK...no major stretch out, cancellations, and the like. But IF there's just the slightest hint that such might take place, CYMER will see missed numbers, and $1.30 will not happen. I'm just being very cautious. If it gets to $13, (I don't know that it will), I will look again. That would be a trailing PE of 15, forward PE (based on $1.30) of 10. Q/Q growth is not that hot as you point out. MU fell to a PE of 5....FIVE! Major company in it's sector, but it happened for a reason....declining margins. I tried then to warn a family member of what was coming, but no, I was being hysterical....meanwhile she lost nearly 100k and is still in denial two years later. I really feel for these guys and their families....this isn't pretty at all. If CYMI misses the numbers, backtracks even the slightest on the estimates, we could see that here. We may need some new fundys for CYMI to "prove" itself....maybe two Q's would do it.