Fair enough Andrew... DPMI is not near a major holding for me again (yet), but we intend to accumulate more. CYMI is back on my list after riding it through the Oct lows (around 6) up to 44, where we exited a bit too early. LTXX is back on our list as a buy again after we dropped (at 42)all but 300 of our much larger position (started pre-Oct 98, and built up through 11 1/8). We're accumulating under 40 in the expectation of seeing prices above 60 this year, and possibly 90 before the end of '01.. CTEC, on our buy list since 2 3/16 earlier this year was reduced at 9 to 9 1/8, but the stock has actually bounced off 10 now. Year ahead projected earnings of $.50, at a historical PE of 50, could possibly give us 25 on the stock within the year. The lone analyst is prjecting a continuing growth rate of 50% subsequently for several years...we continue to hold several thousand shares.
We like you thinking in the semi related stocks...Our holdings in the semi capital stocks is reduced since our big holding in ETEC was sold out to AMAT -- in retrospect, we should have continued holding. Earlier, we had sold out
AMAT (MUCH too early) at a decent profit... We will be back to take advantage of some of the semi "support" stocks as this tech run continues (after a modest, suitable pause, we presume)..
Thanks for sharing your thoughts...hope ours help someone as well..
tso |
