Casaubon, not many of these are in the 'right" price range right now, but here are few "long term bets" with possible "entry points", of course, market conditions and specifics of the companies may change:
CDTS or SCON I believe that the former could go back to single digit and might be a longer term holding then, the second could be worth looking at at about half the current price ($10 to $12). If they succeed, both could be 10 baggers in the next decade.
SNDK it should retest the $70 or so area and if it does not fail it, it maybe a good long term buy. A candidtae for a triple to five bagger in the next decade.
RMBS, probably wait for a break under $130 to the $110 to $117 area, for a five bagger in the next five years. The fundamental story there may change, so you must be careful.
SSTI, I expect a retreat to the $70 at least, could be a good candidate for a double bagger.
AMD on a retreat to about $75 for a double bagger or so. (now this one I am going to hear about a lot, right...).
QCOM, at around $90 or so for a triple bagger long term, maybe much more if mania returns late in 2002.
Once we get through the bottom of the next semi cycle, I think you could pick the like of AMAT, LRCX, KLAC, KLIC, VECO and few others near their book value or within a factor of two (depends on the type of bear we meet, a panda or a Grizzly (VBG).
A shorter term 50% gainer might be a staple like POOL if you can get it around $30 on the next swoon down and ride it to the $45 $50 area by election.
Of course, since the above advice are worth 2 cents or so, do your own DD. (VBG).
There are not many that I would buy in the next decline here which I would hold much past election, however.
Zeev |
