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: Curlton Latts who wrote (20755)	1/29/1999 9:20:00 AM
From: Curlton Latts	Read Replies (2) \| Respond to of 25960

Given CYMI's monopoly it should outperform all other semi-equips over time. CYMI has a much stronger business model than other companies like AMAT, ASMLF, etc due to its monopolistic stranglehold on the key enabling technology for next generation chip manufacturing. As such, it is not appropriate to compare CYMI's current valuation and investment performance relative to these other non-monopolistic companies and believe that it should continue to trade at historic discounts or premiums to them. An analogy is Microsoft - which has been said to have a monopoly by the justice department. Along the way to trading to todays valuation at something like 40 times revenues it continually outperformed other software companies that did not have as strong of business models. To have blithely believed that Microsoft was outperforming its historic discount or premium to other software companies and that it was due to fall back would have missed an incredible stock winner. I'm not suggesting that CYMI should trade at 40 times revenues although if it did that would be nice and I wouldn't complain. I'm merely pointing out that CYMI should continue to be a leader in stock price appreciation because its fundamentals are so much better than other companies and it has been way oversold due to certain wrong rumormongering wise guy shorts. In the end analysis that is why investors in CYMI are invested in this company. Let's see .....................40 times revenues of $250 mil equals $10 bil divided by 30 million shares equals $333 per share. That's enough to get me interested. Good Luck To Each And All Curly ~~~~~~~^^ [6.6] .......> [_]