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


To: Elroy Jetson who wrote (19502)9/13/1998 12:24:00 AM
From: sammaster  Read Replies (2) | Respond to of 25960
 
sorry if this has been dicussed before but what do you all think the bottom price on cymi is....
12 month earnings will fall to around .30 or less after this quarter and maybe less if market drags on....so p/e is very high right now...
also the lawsuits, prolonged semi downturn, global turndown, us market crash, possibility of loss in a quarter......etc....
if there is only p/e shrinkage this stock could go much lower...
thanks.....just looking for a good entry point....

samir



To: Elroy Jetson who wrote (19502)9/14/1998 9:46:00 PM
From: JBoyd  Respond to of 25960
 
Cymer insider buying. I would think that buying now would play into the notion that they managed news to dump to stock only to buy on the cheap.

This shareholder lawsuit is being blown way out of proportion on this thread. The company is picking up the tab for any legal fees and directors/officers insurance will cover any liability which will eventually be incurred.

Its unfortunate that management won't have to pay a price to settle, but thats the way it is; shareholders pick up the tab.

Jeff