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I sincerely hope that you have carefully followed the facts relative to Aavid and have held your equity position. If so, you know that if your shares were purchased at the IPO, your gain based on Nasdaq quote data exceeded 40% as of the first anniversary since the IPO. If you were lucky enough to recognize Aavid as a great company fighting its way through the worst recession cycle ever to hit the broad electronics industry, and bought in at the bottom ($6 1/2 approx.), your return as of the first anniversary from the IPO was well in excess of 100%.
With this profit, you could now invest in the alternative investment suggested in this thread in the hope that a year long consistant down trend turns into a spectacular uptrend. A great win-win if it happens.
If you held on to Aavid based upon analysts reviews, information from the company and its management, etc., I urge you to revisit the available facts on the Company and its three businesses -- Aavid Engineering (the electronics thermal management business), Fluent (CAE analysis software) and Applied Thermal Technologies (our new thermal design business). Also, look at the pattern of what the company has said publically, especially from the point where the recession cycle landed on us; compare what we said to actual performance in ensuing reporting periods.
You might even revisit your assumption that AATT has a lack of an ability to team up with Intel in the heat sink market. The analysts who follow the company at Montgomery and Robertson Stephens also follow Intel closely; Aavid's market position in the market for cooling microprocessors is obviously of interest to them. You might look at their reports and/or talk to them. While you're at it, look carefully at Fluent; the facts will support a much broader view of AATT's software technology, the breadth of its markets, and its demonstrated growth prospects.
And, last but not least, look at the numbers. Also, if you have a chance, plan to attend an upcoming investment conference where my successor, Ron Borelli, Aavid's new CEO/Chairman and all around dynamite guy, will be presenting.
If this thread ends here, it should be on the basis of lack of interest founded on facts and considered analysis thereof.
Regards |
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