Brian:
Yes, I do follow the other semis. I own many of them. The biggies, AMAT, TER, KLAC, KLIC, are all high, and making me nervous. I also have GSNX, COHU (not really so small), ASEC, UTEK, FSII, EGLS and a few others. They have been moving along according to plan, and I guess will take off, sooner or later. I also have some non-tech stocks.
The non-techs are fine, because you can reevaluate them from quarter to quarter. The techs zoom up so fast between quarters that there's no time to reconnoiter your position. I try to add a little to each one every so often, but it tough with P/Es in the 30s and PEGs above 1-1/2 (despite cyclical stock theory.)
My particular dilemma is how to add to the AMATs and KLACs. Sell pieces and hope to buy at a drop? Sounds like timing to me. Commit X dollars per month regardless of price until every chipper is at 300mm/ and <.15 mu?
Thanks for the input. How are you handling it?
-Alan |
