Jeff Bash: Imo, it's very good analyses that you've continued to do with SEMI. And I admire your courage to buy and to have held a large position in it. (I recall you've said you run a concentrated portfolio.)
I believe I'm better able to talk about SEMI from an intuitive/paradoxical standpoint rather than from a rational one. I have upped the number of shares I have just a little more today. For no good reason. SEMI just looked like it should have been trading higher than the price I saw it at this am., given their good news announcement. So I bought a little more. I intend to try to hold all shares. At least until next quarter's earnings
I defer to your judgment and analytical skills regarding the possible earnings gains SEMI could sustain. To me, SEMI's basically a distributor - although a distributor of parts that people believe may be in short supply. I do not know what sustainable earnings might be, but the business clearly has improved and this is reflected in its increased value (the increasing stock price). I do not like stepping up to pay more for the stock (but I did nonetheless) when I could have paid less any week in the last 12 months. I can't now offer up SEMI as a potential value stock for review, nor would I recommend it for anyone on this thread who's already passed on the stock for reasons of their own (too small a company, unattractive business, etc.) OTOH, some people here who are quick, flexible in their opinions and able to take advantage of changing situations, might see what you see -- "$25-30 on the stock" - and such people might very well see SEMI as an attractive risk/reward bet now (@20).
Paul,
who does not know, but is holding on, and who...
has been wrong many, many times ---jeez even on SEMI |
