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: BillyG who wrote (9779)	11/15/1997 6:01:00 AM
From: Gerald Egan	Read Replies (1) \| Respond to of 25960

To All: CYMER recommended by California Technology Stock Letter. Michael Murphy's Nov. 14 California Technology Stock Letter recommends Cymer as a buy up to $21. Murphy says he looks for a 50% gain over the next two months. Murphy and his letter have gotten some criticism over the past year for having picked some apparent "dogs" such as IFMX and DIMD, both of which lost quite a bit of value from his entry point. (I say "apparent" because he is still holding them and considers them to be excellent turnaround candidates.) But my impression as a subscriber of less than a year is that his newsletter is very widely followed and that his performance on semi stocks has been very good. Overall, I would hazard that Murphy is much more highly regarded for his knowledge of the tech sector and his overall abilities to pick stock than is Carlton Lutts of the Cabot News Letter, which recommended Cymer last month. Cymer is basically Murphy's featured stock of the current letter, with a relatively (for a general newsletter) detailed explication of DUV and photolithography, and an analyses of Cymer financial situation and the stock's recent roller-coaster performance (Murphy calls it an "E-ticket ride of late.") I'd say that the article couldn't be more positive, and it wouldn't surprise me it's publication Friday added some strength to the stock's surge upward. I'd cut and paste the entire text and post it here, but I'm afraid that I'd be violating copyright. But I don't think that Murphy would mind me quoting his statement that, "At 10x next year's growth flow, we're delighted to get into the dominant market leader at this price." His 12-month target is $36.50.

To: BillyG who wrote (9779)	11/15/1997 9:29:00 AM
From: Mason Barge	Read Replies (2) \| Respond to of 25960

Thanks for the nice posts on the Korean economy. That first article from the Korean Herald is completely fantasy/boosterism (reminds me of people on the message boards who think that the more often they say "buy Apple at 60, it's going to 120!!", the more likely it is to come true). The second article, however, a round-up of opinions from various finance journalists in the world, was extremely informative.

To: BillyG who wrote (9779)	11/15/1997 5:33:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 25960

Billy, those Korean have a little problems facing reality. In the last year 7 out of the 30 largest Korean conglomerates filed CH 11 or worse, putting at risk some $28 Bill in bank assets that needs to be written oof (Chemical just wrote off a little $200 MM out of this). Our of $200 Bill in outstanding debts to the banks in Korea a full 20% are classified as non performing, and that is just a "small financial" rpoblem. It will take a good 18mmotnhs before Korea gets back to positive growth in their GDP and and much longer before they get to actual 5% growth or higher. Zeev