To anyone: Did I ever mention how brilliant I think Cheryl is?
No, not because of the research she has compiled on this thread. (Tho be it admirable).
No, not because she is the rational voice and school marm of the thread. (Tho that alone takes far too much work.)
No, not because she can back up any of her statements with a hyperlink.
No, not because she is personally involved with educating groups on Y2K and embedded systems in particular.
Oh hell, I should make this a contest. (But I won't).
It's because awhile ago she said she was almost completely out of her equity positions except for Topro.
And guess what. Topro is one of the very few stocks associated with tech that has held up in the last 6-8 weeks. I have been resoundly battered and am now bleeding because of some of my holdings. Every day I keep hearing Cheryl's voice (read:post).
Now then, based on Cheryl's holdings in Topro, she could have easily been holding a much more diversified portfolio. But no, she was focused on the future. And she is sitting pretty.
The beauty of all this is that regardless of the entrance of a bear market or not, every factory in America and/or the world must resolve their Y2K problem, even if demand for their end products wane in the next 1-2 years. So Topro still has enormous business, regardless of Oracle's, Intel's, Cisco's, Qulacomm's, or you-name-the-company build-up in inventory and declining sales. And if/when most other companies finally recover from a potential bear market, there will be Topro, as if a Phoenix rising from the ashes, with lots of cash, ready to be the domestic or world power in factory-floor systems integration for a renewed product-demand upswing.
Is this perhaps better than regional U.S. banks? Cheryl already figured this out. That's why she is brilliant in managing her own money. |
