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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Nichols who wrote (1191)1/7/2000 3:43:00 PM
From: MCF   of 1817
 
Nichols
I am not a expert by any means,but I bought ARMHY last April @$35.00. It is currently at 410% gain,even after the thrashing the tech sector took this week.The ARM architecture is making significant inroads into the worldwide embedded control market over the last 6 years. Guestimate is 10-15% market share worldwide.They only have 400 employees or so and are fabless. It is a great business model,one that Qualcomm will eventually follow:-)message..dump the overhead and thrive off the royalty streams..They have a strong presence in Nokia and Ericson on phones through SiRF with their GPS chip set for E911 FCC regulation requiring
cell phone manufacturers to provide location information,(<125 meters/67% of the time) which is mandatory in N.America starting in 2001. I think they report qt.profits later this month. I would expect a 3/1 or a 4/1 split to go down in 1st.qt.It's rumored that European market likes the low US$ ASP's.Hindsight is beautiful, but I was considering a 30 day put with my broker for $1700 for 1000 shares. I missed it,but live and learn.
They are also positioned well over the low end handheld market(widgets & gidgets). Screw Goldman's downgrade..if you are a long term player on a winner..I recommend buying it.
See ya
Surfin@60
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