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


To: FJB who wrote (20809)1/31/1999 5:18:00 AM
From: Clarksterh  Respond to of 25960
 
Re - $100 by End of '99:

While I don't think it is probable, it certainly is within the realm of the possible. At the last peak Cymer hit $50 per share and I think that it is possible that by the last quarter of this year they will be doing twice the unit volume, with each unit going for 30% more money and with maintenance revenues on top (non-existant 1-1/2 years ago because there was little installed base). That would make revenues triple what they were at the last peak, and the stock price only double. The only real question is how hard the bounce up is going to be - if it is like '97 then $100 is easy. If it is as Lam's Bagley conservatively predicts then $50-$70 is more likely. Ya pays your money and ya takes your chances.

Clark