RE: "... which ones will you buy?"
I realize that this question was not addressed to me and that I plan to cite the same stocks as my buy plan, but since it will take guts to buy, I will try to provide warm and fuzzies.
1. Background: NYC tranplant, father Brooklyn College grad, MIT grad (math), 2 masters, Michigan State (math), University of Binghamton (formerly SUNY)(anthropology), Programmer/Software Engineer, investor since 1970, focused solely on Silicon Valley (home since 1976) since 1990, Silicon Investor since 1995, originator of the "BLOOD" thread in 1996;
2. Picks: AMAT, KLAC - leader in metrology and inspection, ASML - leader in lithography (#1 after SVGI merger; 2 competitors Canon and Nikon, fastest growing of the 3), NVLS - most innovative, most profitable, best during downturns; Semis: ALTR, XLNX - leaders in programmable logic, basic technology, software and hardware barriers to entry, rapid growth, solid balance sheet; LLTC, MXIM - leaders in linear (analog) and mixed signal (analog & digital), most profitable hardware companies (as a % of sales) in Silicon Valley, basic technology, very innovative with a large number of proprietary products introduced each year, barrier to entry is the large staff of loyal and extremely hard working engineers with special linear and mixed expertise, rapid growth,solid balance sheet. |
