Actually, I consider SFAM's strength today nothing short of miraculous. SFAM was down significantly less than AMAT, a bellweather leader. Guess one can view this as a gift to those of us that have held on from its fall from $60/share. I also took the opportunity to lighten up on my SFAM position a bit, as I think there will be more selling going forward. Let's face it, we have a pretty good indication that sales at SFAM aren't going anywhere for possibly 2 quarters, which means our money might be more profitably invested elsewhere for now.
Still, with last week's unexpected rally and today's non-event after an earnings warning, something doesn't smell quite right. Only a fool would believe that SEC rules prevent the institutions and big game traders from learning critical facts before the average investor, even if they're put out there as rumors. Well, I'll gladly hold the rest of my SFAM shares in case something materializes.
Mr. Sam, we still haven't heard one of your "industry updates" in a while, and even if nothing fundamentally has changed re SFAM's competitive position in the CMP niche, I hope you'll state that this is the case. Are you seeing any indications in your industry that SFAM is losing its competitive edge, and if so to whom?
D. Kuspa |
