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


To: Im-patient who wrote (21067)2/10/1999 11:05:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 25960
 
Fred, Thank you most kindly, Sir! Excellent source.. I was using data from the Yahoo research to get an alternative view of valuation for CYMI:
biz.yahoo.com
Briefly, I take the projected next years earnings (.94/share), and the projected 5-year annual growth rate (36+ percent per the site), and end up with earnings of $4.65/share five years out (from next year). Applying a PE of 60 (which I have no basis for except that I consider it "reasonable"), I end up with a projected price for CYMI of $262 six years out.
As a final, useful (to me) piece of data, I take that future price and run a "Present Value Analysis" on it, to a current price of 26, and get an implied annual rate of return on investment of 47% per year; I consider 47% an adequate ROI for the kind of investing I do.
Thanks again! for that info you passed on.. I suspect we will both be enjoying CYMI! <g>
dlo
PS.. I end up with similar figures for VTSS, though I recently sold and am hoping to get back in.