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: j g cordes who wrote (17747)	5/24/1998 4:19:00 PM
From: Mr. Aloha	Read Replies (1) \| Respond to of 25960

Food for thought... Sunday May 24, 12:09 pm Eastern Time Deutsche Bank sees Asian crisis spreading -Courtis ROME, May 24 (Reuters) - The Asian economic crisis is worsening and could spread to other emerging markets, said an economist at Deutsche Bank who is also secretary of the steering committee of Indonesia's bank creditors, in a newspaper interview. ''Two days ago the Russian prime minister said that with Asia's economic slowdown triggering a decline in prices for raw materials (like oil), Russia also risks a crisis,'' Kenneth Courtis told Rome daily La Repubblica. ''In the next weeks and months, I think we'll hear a lot of other people saying the same thing.'' Courtis said that in 1996, 48 percent of the increase in world demand for automobiles came from Asia, along with 52 percent of the increase in energy demand and 57 percent of the increase in demand for telecommunications. Courbis noted that Russia needed oil prices to remain at $18 per barrel, and that they have fallen to $12 per barrel, the article said. When asked whether the resignation of former Indonesian president Suharto has put an end to the most acute phase of the country's crisis, he said it was ''too early to say.'' ''The situation has been made more difficult by the deterioration of the real economy,'' he said. Deutsche Bank co-chairs the steering committee of Indonesia's bank creditors and will host the next round of talks on rescheduling Indonesia's $80 billion in private sector debt in Frankfurt in the first week of June. On the positive side, there is strong economic growth in two-thirds of the G7 countries and the U.S. Federal Reserve has the necessary margin to reduce interest rates if need be, Courtis said. Aloha

To: j g cordes who wrote (17747)	5/25/1998 3:28:00 AM
From: pat mudge	Read Replies (2) \| Respond to of 25960

The LATimes has a service called "Latte" that sends "hot stories" to your email. Today's included one published on May 5 and since I was in Las Vegas at Interop and missed it, I was glad to get a second chance. Once a year the paper analyzes companies headquartered in California and lists the best under several categories. The Times 100 Best Companies in California: latimes.com Companies with Southern California headquarters ranked by analysts' mean estimates of annualized growth in earnings per share over the next three to five years. At least four analysts must cover a company for it to be listed. Cymer is number 15: ÿÿÿÿÿ latimes.com Biographies of the top companies: latimes.com Cymer Inc. (CYMI), San Diego: Cymer is a major supplier to the semiconductor manufacturing industry and a company whose equipment has played a role in the dramatic evolution of personal computers. Cymer makes lasers that are used to produce semiconductors and that contain more circuits on a chip. Cymer has about 80% of the world market for these speciality lasers, and sales had been increasing rapidly for several years, until the recent Asian crisis. Canon and Nikon together account for about 60% of Cymer's sales. Times 100 Charts: latimes.com Number 12 in "Sales Growth": latimes.com Included in "Up and Coming Companies." latimes.com ÿPairGain Technologies and Cymer are the dominant players in their niches, Landis says, but those young, esoteric markets haven't quite reached critical mass. He says patience will be rewarded. . . . ÿÿÿÿÿ Cymer's promise is in its virtual monopoly of deep ultraviolet laser technology, which is critical to the next generation of semiconductors. The power of chips increases as silicon circuitry shrinks from merely microscopic to infinitesimal. That's where Cymer comes in. But the San Diego company hasn't escaped the pain in Asia, which slammed the brakes on chip makers' investments in new equipment. This year doesn't look terrific for the company or the industry, but most analysts believe the malaise will pass. "Regardless of whether it's a quick or slow recovery," said Landis, "Cymer will have a great 1999 and 2000." They also made it onto the list of "companies culled from the smaller lists spread throughout The Times 100 section." latimes.com Name: Cymer ÿÿÿÿÿTicker: CYMI ÿÿÿÿÿSales and earnings growth ÿÿÿÿÿ- Latest quarter Earnings Per Share vs. yr. ago, %: 170 ÿÿÿÿÿ- Latest quarter sales growth vs. yr. ago, %: 114 ÿÿÿÿÿ- Latest yr. Earnings Per Share vs. previous yr., %: 248 ÿÿÿÿÿ- Latest yr. sales growth vs. previous yr., %: 213 ÿÿÿÿÿEarnings estimates ÿÿÿÿÿ- Surprises, actual vs. est. latest quarter, %: 9 ÿÿÿÿÿ- Surprises, actual vs. est. previous quarter, %: 10 ÿÿÿÿÿ- Number of analysts: 5 ÿÿÿÿÿ- Projected earnings growth rate 3-5 years, %: 35 ÿÿÿÿÿShare and price data ÿÿÿÿÿ- Market cap size: S ÿÿÿÿÿ- One-year % price change: 21 ÿÿÿÿÿ- Float, in millions: 25 ÿÿÿÿÿ- 4/17/98 stock price: 25.13 Since no one mentioned anything about this article when it first came out, I wonder if anyone at the company saw it. Perhaps a note to Marie Burke would be in order. I could see the key writers, Edward Silver and Walter Hamilton, being alerted when Cymer sees a turnaround, or writing to Tom Petruno to thank him for the coverage and suggest a follow-on highlighting the chain of events that will signal a recovery --- beginning with an increase in PC sales, to shrinking sales channels, to uptick in chip orders, to need for new equipment, and so on, including where Cymer stands in the scheme of the equipment universe. All this and I haven't had a drop of caffeine for hours. :)) Later -- Pat

To: j g cordes who wrote (17747)	5/25/1998 7:24:00 AM
From: George Coyne	Read Replies (1) \| Respond to of 25960

<< The sentences are quite confident that its a small pullback, that business is great must be an insider unloading for retirement, that analysts are hot, etc.. Yet underlying this problem there is a vocabulary to "wall of worry" and "wall of confidence" talk. This might take a while to work through by matching use of words to where they occur on the actual up/down paths of stocks. >> Jim, I admire your analytical bent, but, aside from the problem of subjective interpretation for either the "positive-negative" posts, or "relevant" phraseology, the sample size would be too small. Still, an interesting concept. G. W.