To All,
It has become more and more clear that ADI is the right home run pick.
Ren
To: Freddy who wrote (1365)
From: Ren Liu
Thursday, November 18, 1999 4:51 PM EST
Reply # 1366 of 1387
To: All,
Be patient. I like ADI's price movement very much. It reminds me the period of time, right before the price run-up, when QCOM's P/E is between 20 and 25 with earning per share of $2.50. If you believe that "A/D and D/A" are the only way to bridge the real world with the "digital processing power", andADI is the leader in both fields, your investment will be rewarded handsomely sooner or later.
To: Bill Martin who wrote (1318)
From: Ren Liu
Friday, September 17, 1999 5:37 PM EST
Reply # 1319 of 1387
ADI is my home run holding for this and next year. To be a home run holding, you expect the stock to have an explosive positive price movement (up to now from $15 to $60) in one to two years time frame and you invest heavily to it as your core holding. The mutual fund manager has too many regulations to follow, and I believe that the most that a mutual fund can hold for an individual stock is no more than 4.5% of its total asset.
I believe you are doing well for your investment. But if you want to score big, you may still need to pay tuition to the market. A good case study for the home run selection is QCOM(1998-1999). |
