Appraising Stocks
Pat, I was very impressed by the Cowen Conference report, as I have also been impressed by previous reports I've read concerning TI. When Amati and TI partnered last year I felt we would all eventually prosper from the connection. I kept my eggs in the Amati basket because I felt that when it came time for Amati to do its thing, it was going to shine like a supernova. Unfortuately we may never see that directly. I'm glad to finally be in TI which will be perhaps the closest I get to seeing the blast. One of the things I liked about Amati, is that it partnered with some of the greatest companies going-- Nec, Mot, Siemens, Ericsson, LSI, to name a few. If any of these bought Amati, I would also be glad to increase my shares of these companies. People have asked about other companies. I see Amati as unique in so far as it was a revolutionary technology at the right time, owning the patents and the stardards. It limited the potential for loss. I think my direction will be to larger companies that will participate in the communications revolution. I have shares in Mot, Ericsson and LSI already. I especially like LSI at this time because of its new .18m capability, its DCAM chip, licensing of qualcomm patents, gigabyte routers, and leadership in system integration. At $23 a share it is a steal, IMO. As the train is pulling in to the last stop, and its time to change, I hope to find compatriots on the new journey.
All the best,
Michael |
