Jerome, based on my actions of late, who knows if these call purchases will turn out to be worthwhile. I bought 20 April 20's for MRVC at $5.375; 10 June 17.5 for LSCC at $5.00; 10 May 40's for CMOS at $2.00 and 15 May 10's for ATML at $3.125. I also hold long positions on all of these stocks and am hoping to sell the long positions when I have enough profit in them to in essence to pay off the cost of the options. The other equipment stock I am looking to reacquire is VECO. It has really been trashed the last month and is now in the 30's. As far as sacred holdings that I am sitting tight on, I have MTSN,LRCX,ASYT,CYMI,SFAM,UTEK,TQNT,RFMD,KLAC,TERN,RDCM,SEMX,and NSM. Am I too heavy in chip and equipment stocks, yes. Am I stupid, obviously.
Eddie |
