Look at the world market, except Europe. Korea all time high, Hong Kong, Nikie, South America ....
Last Oct. it was, world econ to the dogs, Symbios don't know, new fab adds cost, layoffs and shutting old fab dings earnings.
New story - world econ on recovery, Symbios total steal, new fab add needed low um capacity to move forward, cost contained, foundries filling up. Outside of Korsovo, another other con?
Quick Dipy, sell!! before you double your $39.75/share. Semi recovery well under way, if you don't sell quick, you'll be seeing companies make money hand over fist within 6 months. That would really disturb you model of things wouldn't it.
patrick
PS I was originally planning to play the sell-on-news, but looking at ALTR today and probably TXN, STM, ADI, XLNX in the not too near future, if they all act like ATML, we may not see any sell-on-news as the word gets out that the semi-recovery is real. Good Q1 is a given. If everybody gives good forward looking Q2, that just about nails this recovery. (Sorry, memories guy may have to wait a little more.) |
