Vinh, I have neglected to own these kinds of stocks and continue to feel I've missed the buy point, and they continue to go up, but I still feel they are at very high levels. Some how, I feel we will see a crash soon, but no data to back it up. I think these stocks must get hurt, but who knows.
Getting back to ESI, I also asked around at SEMICON West about what vision companies were using and there were a lot of providers as well as many in house developed systems. Didn't make me feel that vision was all that strong of a market for ESI, but I didn't really pursued it.
Seems like ever since they bought AISI, the share price has been going down. Not that market news, etc haven't helped, but I remember watching them tumble a bit on KLIC's bad news and we discussed how small a percentage of sales this unit was.
Anyway, ESI continues to put out a stream of product sales announcements which seems to at least support our position.
Are you getting the feeling the market for semi equipment is bottoming?
Regards,
Mark |
