Hello Pezz, <<Whoa....Highly speculative..Very extended at these prices>>
... you don't say? Good :0)
<<I wanted to be sure it didn't run away from me as I wanted a piece of the action>>
... Yup, it's that participation thingy, where we are not in if we are in. And now, we are in, the soap ;0)
<<They make some chips mostly for the gizmos I mention below also MCMs ( your guess is as good as mine on this one) for telecommunications>>
... sounds good, I like gizmos, and since I cannot even guess at what a MCM may be, it is more desirable than a gizmo.
<<They say they are transitioning to a "fabless semiconductor co" Dunno what the hell that is but it sounds good>>
… I agree, they say a lot of things, and fables must have something to do with fabulous or its variant, fantabulous :0)
<<They make some sort of radio frequency gizmos (RFID) that will eventually be used by everybody (business) to keep track of their stuff. Wal Mart has demanded that all it's suppliers start using the tags that this co. (and others) provide the readers for by 2005.>>
… Hmmmn, this sounds interesting. I hope they do not start making a profit anytime soon so that they can have a bigger imagination premium :0)
They remind me of Fargo Electronics uk.finance.yahoo.com , featured in Barrons last week, for doing digital ID cards, and for having a shot at the China market.
So, here we have two American companies, one readying to tag all Chinese folks in China, and the other ready to tag all Chinese goods in Walmart. Given the Chinese math involved (if everyone buy one tooth pick per day, … it would be a forest every 9 hours), they should be speculated on as a pair-trade, bought on every dip :0)
<<Yesterday they gotta contract for some of this stuff and the stock shot up>>
… good, the logic of the market is in good working order.
Earnings due out soon
… oops, this may not be good, given that the rumor phase is too short for imagination to run too wild for too much longer ;0)
<<FWIW They are still inna red>>
… this point is a prerequisite for bullish action :0)
<<Hope I don't get labeled as a "worthless slug" on this one. %^) >>
… Why, just because I wake up a few hours after buying into this Pezz dream and find myself poorer by 1/602th of my embedded Lumacom profit?
I am actually OK with this wager, and may double-up on Monday, but hopefully at a further discount to your second helping.
In the meantime, I note my NOOF to date is up by an amount equivalent to my entire WJCI position, so that makes you quite worthwhile :0)
Chugs, Jay |
