*AV*---GOTCHA---now I gotta figure out 2 posts in the next 15 minutes.
Well, the first one was easy and this one should turn out alright.
StevieBoi- you need to re-adjust your suggested entry point for MTZ. the 3 for 2 split will drop this baby to roughly $39 per share post split.
WFR-not only on radar but it is time to discuss. this is not a runaway stock that anyone has to rush into. Break out your resources and see what a silicon wafer is and what it is used for. Go and look at what an epi wafer is. Determine what you believe to be the requirements of advanced integrated circuit device process technology. Decide whether you believe it is worth investing in a critical commodity to the semiconductor industry. Look at the capacity situation at both the wafer producers like WFR and the IC manufacturers (INTC, DRAM Memory houses, and other ASIC or logic factories). Ask me and others questions. Challenge me and others on this subject. Decide if this is an investment you feel comfortable with. Ask Kevin to publish his TA on this company. Then sit back and relax and evaluate the possibilities. Then ask more questions.
This company could go up next week or next month or within the next year depending on the health and prosperity of the semiconductor industry and the new fabs coming on line. (Or lackluster performance and new fabs on hold). This stock was once up to the 50s and retreated concurrently with the DRAM oversupply issues of 1996 that helped tank the rest of this sector, IMO.
Finally, CFMT, guess what, it is retreating again. Maybe this time it will go to where I thought it would a few days ago. I missed this 35/36 run up to 41, personally and am itchy to get on the roller coaster this time. Any ideas, Kevin or Ray, where a REAL entry price is this time around???
Regards
Andrew |
