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: Mark Ivan who wrote (20371)	12/10/1998 10:16:00 AM
From: Robert Douglas	Read Replies (2) \| Respond to of 25960

Mark, you wrote: I am a firm believer in market manipulation (esp on the NASDAQ). Mark, Mark you seem like such a pleasant fellow. Don't let these conspiracy theory types get their claws in you. MM manipulation is very difficult and very rare, usually confined to the fringes of the market like penny issues. Even if it weren't illegal, it would be difficult to get a bunch of self-interested market makers to cooperate with each other. In no time they would be conspiring against each other rather that carrying on their clandestine manipulations. Geez, OPEC with just a few members, and a lot more power, can't control the price of oil. Market makers earn a handsome living manipulating the spread, they couldn't care less about the price level just give them their eighth or quarter and they go home happy. Your statement about price creating supply and demand for shares is an explanation for momentum followers, but is hardly evidence of any vast MM conspiracy. -Robert PS You ask for some “glimmer” that things are getting better, but you provide it later in your post by saying that DRAM prices and Intel sales are getting better. Sometimes this is all a market needs to take off, after all, it's the job of the market to predict the future not explain the past. If you disagree with the markets assessment, take the opposite side. That's what makes a market.

To: Mark Ivan who wrote (20371)	12/10/1998 10:21:00 AM
From: TechHunter	Read Replies (1) \| Respond to of 25960

Mark-With all due respect, I believe you are not viewing Cymer long term..... I believe what Jay is inferring, is that as Merrill states, 98% market share with a forecast of 8.3B for the market projected for 2002,that it is not out of the realm of possibility that we MAY see $8 per share earnings within the next 5 years. IF this falls into place, with a growth ratio of even 25%, Cymers' PEG ratio would = a stock price of $200 p/Share. A 50% growth rate would equal $400 p/share (PE of 50). That may be unrealistic, but it has happened before. I firmly believe that if we can maintain market dominance (80%+ market share) and DUV life is 15+ years, as has been stated minimally, we can get there. my questions to any/all are; What type of earnings can we expect if revenues were 80% of 8.3B or 2002 revenues were 6.44B Does the 8.3B market projections for DUV take into account the value of servicing the lasers? Thanks, Craig