Jon- my opinion about that...
first of all, my cost basis is... $6. I bought in at $12, pre split. That is NOT very long ago!
Back then, I distinctly remember wild claims that this baby could be at $50 in no time. Remember, this is pre-split $... so I heard wild talk about $25, in today's shares.
Well, the stock ran to from $12 to $24, so I sold a little. It kept going up! It went to $48! I sold a little more! It kept going up! It split, and kept on going up! It got to $60, and I sold a little more. Crunch. Market wobbles. At this point, I'm so far in the black, it just doesn't matter to me. I'm holding these shares for years- just to see what happens.
At this point, we have a price/sales ratio of like 9.5 on (-)6.5 million EIBTA. That is very expensive.
On the other hand, it's my uninformed opinion that semiconductors is a cut-throat business, about mass production, yield, and fighting for every last penny. So I think 300mm wafers and total automation is going to happen.
The rich fabs will swing the money to drive the poor ones out of business, by spending the money to be as efficient as possible.
That's where those SMURF things come in. Little helper elves.. no wait, Keeblers? NO! SMIF pods. Pea Pod? SELL! SELL! Wait.. Sorry- lost it for a minute. I wouldn't want anyone to think I'm doing anything but blathering here.
Conclusion: Stock is in no way cheap. However, if you think 300mm wafers and superclean automation will eventually be manditory for the surviving semiconductor houses- who you gonna call?
WebDrone
disclaimer- ASYT would have to go to NEGATIVE $200 before I would be in the red. My situation is most fortunate. |
