I have reprinted your list below with 3 deletions. I like your list and even added LTXX to my personal list. LTXX represents the Test arena and I guess I can no longer ignore it.
ASYT, FSII, GGNS, KLIC, LRCX, LTXX, WFR, SMTL, SVGI, SUBM (0.3 PSR!),TGAL, WJ (0.8 PSR). [nix on MICN,NANO and ASEC]
I own ASYT and GGNS. I like ASYT, somewhat FSII, LRCX, KLIC, GGNS, and SVGI. I respect David Ferran who became CEO of SUBM - I was in TYGN before takeover.
I am still holding onto ASYT myself and unfortunately still hold GGNS. GGNS will deliver but it has been dead money for awhile. ASYT still has more to deliver on even with its recent move. Sometimes I get in a little too fast or soon but GGNS is a keeper. I hold a small position in LRCX and had ONTK. These two combined will also perform.
I will save some naysayers the trouble of finding my past posts on SVGI. I was not an ardent supporter of SVGI and have been somewhat critical of them in the past. They are a good company and I still stand behind some of my concerns. SVGI is taking a nice run now possibly due to the AMAT rumor or impending orders from either IBM or INTC. All one has to do is see the dramatic effect the $150 million order from MU had on the price of ASMLF stock this week. Speculation here from all sides convinced me to reduce my position in SVGI and to keep a minimum of my money in SVGI long but to play the speculation on options (due to the sale of IBM's 10% stake in SVGL, the AMAT rumor, and the pro/con rumors of the INTC/IBM pending purchases). I wish I was much longer in SVGI, in retrospect, but I am not. Thankfully I have a good options position for the coming months. SVGI is not a stock I deserve to comment on based on my less that positive and/or mediocre past comments. I should be eating some "humble pie" here. However, I will eat it knowing full well that the options make a wonderful dessert!!!<gg>
I hold a limited position in FSII and really not enough to boast about. FSII, like GGNS, has been very disappointing and rather dead money. However, I also agree that this stock is poised to deliver. I have been periodically reducing my position here, though, and placing it elsewhere. Again, it is just a personal preference.
KLIC is a good company and a gentleman on the Stock Swap thread, Kevin Hansen, can do a great job of providing TA on this company. Through no fault on the company's part, I CHOOSE not to be an investor. It is not a stock that suits my portfolio at this time. However, LTXX just got added to my list so KLIC could be interesting to me down the road.
SUBM is now becoming a speculative investment for me. As of Monday, I will be trying to take a speculative 10,000 share position in small increments. This company will not survive on its own and has some good technology worthy of purchase by the proper suitor. In this environment of speculative takeovers, mergers, and consolidations, SUBM could find itslef on the chopping block. It is now priced low enough to take a chance. I also like the history of its new CEO, as you outlined it.
I would like you to consider adding both MTSN and AGAI to your consideration list since both deserve serious consideration. I think you can expect good things from the both of them down the road (this year). AGAI has a great product and I doubt they will be able to stand alone much longer (as we get closer to the 300mm requirements).
Finally, in answer to your question about WJ, I offer this response.
WJ is a more global company that just a semiconductor equipment provider. There is one unit it supplies to the industry, an atmospheric deposition system, that is an industry standard and icon. It owns this sector of the process. It is a workhorse with high throughput and great uptime. Given this piece of data, they are rarely replaced and the per unit requirement per wafer fab is low. Great product, they last forever, and great stable process but you do not need many to run your process. All this makes WJ a very lethargic and poor investment in my book. I follow the stock but have not been invested in it for a long time. It has made a good comeback from the 20s but has not recouped the price glory of years past. Too much other non semiconductor factors to counter-balance their involvement in the semi industry. I watch but CHOOSE not to play.
Please keep in mind that I CHOOSE not to be in certain stocks. That does not mean they are not worthy of investing in. We all have our preferences which are subject to change over time.
I wish you continued good luck in your investments even though your portfolio is quite healthy and has gotten much appreciation over the past weeks. I'll bet you are smiling as much as I am these days. We share some common investments so I know you are quite pleased.
Andrew |
