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: Starlight who wrote (9267)	11/12/1997 3:48:00 PM
From: MRothaus1	Read Replies (1) \| Respond to of 25960

The offering price was 9 1/2. But that was prior to a 2:1 split, so the offering is really 4 3/4. If I remember correctly, nobody on the street got the stock for much under 15 right after the IPO (which is 7 1/2 split). I'm still holding out for my $15 or $15.25 target price. I'll buy and then put it away..and will not even care if it drops further. I think since $15 is a nice round number, there will be a ton of buyers there, so I'll have to pay .25 more. At $15, the stock is cheap even if the most pessimistic worst-case scenarious play out over the next year for Cymer. All potential bad news is completely factored in at that price and even the slimmest of good news will send the stock higher. The very definition of "value".