Well, John
Looks like I screwed up again. Tried to buy a one-way ticket and it looks like I got stuck with a round-tripper! It seems GSLI is firmly in the semi-equip universe, not the exalted ether of FO. Our comparables are ASYT, BRKS, PRIA, ESIO; not JSDU, CIEN, even--god forbid!--RDRT. ESIO reports 83 cents, better than GSLI's total estimated 200 earnings!, and the stock trades at 35. So maybe we should feel too bad. When this insanity is over, we should be ok. I've been waiting for funds to start their quarter-end buying bash all week--if it doesn't start tomorrow in a big way, it looks like it won't happen at all.
But really, the reason I'm writing this is to see what your feelings are about ADCT. {I'll excuse that flood of vomit} At 25 1/2, shouldn't we be buying the damn thing? I have a bunch of shares of Keybank that I'm thinking of trading one for one tomorrow morning. But I haven't been following ADCT as closely as I might have been, had I not simply given the new guys the benefit of the doubt--that is, once the PAIR antics were over, it seemed safe to let this one ride. Have you been watching? Is there really something going on besides the usual games being played? |
