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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (3226)	1/5/1999 8:59:00 PM
From: steve brooks	Read Replies (2) \| Respond to of 56535

All: (S) CYMI Sorry I have not posted sooner things are already getting busy in the tax world and its only going to get worse. I will do the best I can to cover this stock but until after April 15th I will not have the time it deserves and I may be a bit late in posting. Since I am new at this, I would welcome any comments or suggestions. CYMI has been on fire the past two days up from 14.187 on 12/31 to close @ 17.5 1/5 on strong volume of 578,900 1/5. No real news to account for the increase but I will keep looking. The overall semiconductor industry is moving and this may be enough to move the stock. Looking at the charts this stock does move. TA: The stock has broken above its 13dma and 50dma after short sell off. Short term Stochastics 9/5 showed a buy signal 1/4 breaking above the 25% line after being slightly oversold. MACD histogram turned positive with a buy signal 1/5. The stock is testing its high of 19.25 on 12/08. I am not familiar with trying to calculate resistance but think if the stock is able to break above 19.25 we could see it move toward its 52 week high 29.875. A recent article is IDB talks about the recovering semiconductor industry for late 1998 into 1999. Since CYMI make equipment used by the semi fabricators, its business is expected to improve during 1999. The CYMI thread on SI seems to be a excellent source of information. Most of the posters appear to be very technically astute. I will be lurking to learn as much as possible. 1/5/99 Price 17.5 Price/Revenue (TTM) 2.12 52 Week High 29.88 52 Week Low 5.88 Beta 1.89 Avg Daily Vol (10 Day) 0.27 Mil Avg Daily Vol (3 Month) 0.41 Mil Current Ratio (MRQ) 2.81 DIVIDEND INFORMATION Indicated Annual ($) 0.00 Yield 0.00% P/E 39.3 Price/Book 3.41 Price/Cash Flow 16.32 TTM ROA 3.5% TTM ROE 10.75% TTM Debt/Equity 09/30/98 1.68 NOTE: TTM = trailing twelve months MRQ = most recent quarter SHARE RELATED INFORMATION Market Cap. ($) 396.689 Mil Shares Out. 27.124 Mil Float 26.000 Mil Day Short Interest: December-98 2.089m Nov-98 2.147m short Interest Ratio 4.5 INSTITUTIONAL & INSIDER OWNERSHIP PURCHASES SALES NET PURCH %OWNED Institutions (3 Months) 3.894 Mil 4.880 Mil -0.985 Mil 33.2% Insiders (6 Months) 0.005 Mil 0.015 Mil -0.010 Mil 4.1% In general, it appears that insiders sold the stock from options being exercised in 8-98 and 9-98. BUSINESS SUMMARY CYMI provides excimer laser illumination sources for use in deep ultraviolet photolithography systems targeted at the pilot & volume production segments of the semiconductor manufacturing market. For the 9 months ended 9/30/98, total revenues rose 2% to $147.1M. Net income fell 69% to $5.8M. Results reflect higher sales of laser system spare parts and higher sales prices of laser systems, offset by additional costs of new manufacturing facility & higher interest costs. GROWTH RATES 1 YEAR 3 YEAR 5 YEAR Revenue 213.33% 183.68% 86.07% EPS 196.90% NM% NM% Dividend NM% NM% NM% Analyst Coverage: Earnings Estimates 4-Q-98 1-strong buy Zacks -0.15 1-buy Earnings Whsiper 0.00 3-hold Report Date 1/29/99. Earnings Estimates 4-Q98 Zacks -.15 Earnings Whisper .00 Report Date 1/29/99