Leeza,
Been at least a good 2 1/2 years now where I have been able to benefit from your input. So, sometimes when you feel uncertain on how to proceed investing, it is VERY nice to have the benefit of a solid confirming opinion.
I greatly appreciate your thoughts on SMTC, and it makes me feel better about my feeling "the story" is still very early. I truly believe the latest acquisition was a GREAT decision, and great decisions are made by great mamangement. Another thing we share is an opinion that SMTC has great management, although I refer to them as "platinum management".
I'm going to get back in, it looks like the semi-conductor industry is in good shape for a while, analog keeps gaining relevence and market share, SMTC is well positioned to take market share from existing players, and the R&D and hiring of quality engineers is really beginning to paying off. Toss in the fact that SMTC is entering the sweet spot in terms of valuation ($2-5B), and it looks like you are very much right.
Thank you for sharing your lessons learned, I hope others who read the post can appreciate the value contained within. My appreciation comes from being able to read your posts for over 2 1/2 years, so for all readers of this post, I simply say they should pay good heed to your words.
Thanks again Leeza, best to you.
Regards, JB |
