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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.
ARMH 67.770.0%Sep 6 5:00 PM EST
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To: jeremic who wrote (260)12/3/1999 5:32:00 AM
From: Mephisto  Read Replies (1) of 912
 
I agree with Jay. The company must have some very special products. The company is in England, near Cambridge. I believe engineers from Cambridge started the company in a barn of all places. I couldn't resist. Also, Cambridge engineers are not stupid.

The only thing I knew about the company is what I read in their reports to the SEC.

Now the company has contacts with 30 major US companies. Recently, Texas Instruments went out of their way to say that they had a special relationship with the company. Or that was my interpretation.

I bought my shares last summer when they were in the 40s. I wanted more shares. But I dithered until the stock shot up to around $60. And I wasn't going to pay that much for a company that I didn't know that much about.

I don't know if the share price will fall substantially unless the market totally falls apart. There are very few shares available and no one seems to want to sell their shares.

I know I won't sell mine. Also, I've read that a few of the buyers are institutions and they have had trouble getting shares since there are more buyers than sellers.

Of course that could change. Looks like the company will report earnings after the first of the year.

Hopefully, they will split the stock at that time.

Best wishes,

Mephisto
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