OT
Thanks Robert. It's been a pretty amazing month for my portfolio. Not only with SNDK, but I've picked up some other trading positions have also flown far more than I expected. Fortunate too, since I just came back from a fairly expensive vacation to Italy. Fully paid for by now, though, and then some.
But as far as SEG buying the whole company: well, they (SNDK) are in a favorable position for sure in the flash market, their intellectual property gives them the pole position, and their management has made some nice moves while waiting for their markets to mature, but it is still a difficult call on whether they should have bought the company. You can never tell whether someone will come along and break their patents with a valid workaround or, worse, with a completely different process. Not quite the same as MSFT and DOS. Still, they look strong for the foreseeable future, IMO. I've already sold what I'm selling for now, am holding the rest for awhile. |
