Frank,
Speaking of diversification, Tony, why don't you take a little tiny bit of your obscene intc profits off the table and
buy a few share of Q? Since they're hovering near their 50 dma, it looks like a great short term entry point (and
since you buy & hold forever, it doesn't matter where you buy in).
Far be it from me to ever tell anyone he or she ought to buy any stock. The corollary is that when someone recommends a stock for me to buy, I tend to find a couple more reasons why I shouldn't. Don't know why, just nature. Present the data, throw in your opinions, but don't tell me what to buy.
On semiconductors cyclicality or not, even if they are, all three CEOs I heard this year, in person, think we are only in the first year of a three or four year boom. Those three guys represent my three best stock performers, YTD. Think I'll hold onto those guys.
Tony |
