Joseph,
I think John Wooden's style might be a little out of date for even College 'ball these days. I am openly a SFAM bull, perhaps one of the few on this thread. I have been following and trading SFAM most likely longer than you have.
Your lack of respect for its management is perhaps understandable as a disappointed shareholder, but I think it would be more helpful for followers of this thread to provide point by point reasons for your disenchantment - irrespective of the stock price. While the price is clearly relevant for holders who have lost money, it is not relevant for potential buyers of SFAM, or present shareholders without baggage or an axe to grind.
My bullishness stems from my previous posts - if you disagree with my points, I would gladly to counterpoint your positions with you. As for being a one-trick pony, since SFAM is a purely CMP play, and the only publicly traded one at that, what else would you be expecting? Moreover, Momentum is not their only CMP tool offering. Are you aware of their complete equipment offerings? Have you studied their most recent SEC filings? If not, please see the following link: biz.yahoo.com.
By the way, do you know whom SFAM's customers are to date? Are you aware of the number of CMP tools being sold by LRCX? Here's an interesting comparison between the stock price performance of SFAM and LRCX, as well as SFAM and AMAT over the past 12 months:
finance.yahoo.com
finance.yahoo.com
The CMP race is between AMAT, Ebara and SFAM. Regardless, hopefully, this post will be helpful to others wishing to explore SFAM's value.
Wishing you a healthy and financially rewarding '01 with or without SFAM in your portfolio....SemiBull |
