*** OT OT OT *** to Brian,
Re: Just curious, how do you rank CYMI along with some of the others in the equips, namely LRCX, UTEK etc? There appears to be a fervor surrounding CYMI at the present rivalled probably only by IOM a few years back. Do you feel this unbridled enthusiasm is justified for CYMI. Looking at getting in, but do not want my decision to be colored by all of the hype.
1. CYMI: UT/DPMI story has brought out a few more believers that CYMI's rapid growth cycle will last for at least another 6-8 years; that EUV, XRay won't supplant DUV anytime soon. I had this view prior to the story. So, I'm biased, have a position and didn't feel the $15 price was fair value.
2. UTEK is also at a low. 3 things will drive its growth - DD sector transition to MR and GMR; Mask making industry - PLAB is putting the first V2000 into production, $7M per tool with 3 more firm orders in hand; PGILD will significantly drive up revenues once transition to .18æm is in full bloom. Maybe its mix and match lithography business will grow when the chip sector recovers, maybe not.
3. LRCX is almost a turnaround story. Its current Price/ X ratios are near all time lows, so one should do well once the recovery becomes visible.
We shouldn't forget that AMAT IS the 900 lb gorilla. I wouldn't want to be caught without it again.
Ian. |
