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


To: FJB who wrote (19992)10/24/1998 3:22:00 PM
From: sammaster  Read Replies (2) | Respond to of 25960
 
assuming that cymi meets or even beats estimates by a few cents this quarter....what p/e multiple does it deserve?
this year eps around .25 means pe of 56

i'm hoping for a runup monday to 15 so i can short....(more)

cymi has a lot going for it in the future but they know that this will be bad for a while because they just cut workforce last month...if they saw things improving do u think they would have done layoffs?
i'll cover my short and then go long after this earnings season euphoria is gone and the market tanks when next quarters earnings predictions and downgrades for the market come out....margin calls....tax loss selling....global recession...etc...

anyone agree with me? looks like easy money...

samir