<<Well I bought at the end of the day today, a 1/3 position. I will buy another 1/3 at about 21, and a last amount at about 16.>>
Well, Jeff, I'm OK withthe first 1/3. We'll see about the rest.
My portfolio in this sector includes DPMI, ETEC, PLAB, CYMI, and ASMLF. All of them seem to me to be in terrific positions vis a vis the (completely inevitable) migration to .25 and below. Short term, however, they could all lose further ground. They are, after all, among the most volatile issues that God ever made. It is, however, the ownership of assets that confers wealth, not the mere momentary buying and selling of them (although I do that too, but on a much smaller scale, and just to pick up spending money). So I plan to own them for at least several years.
Good luck with your position.
Regards,
John |
