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Technology Stocks : Helix Technology, a cold play on semiconductor equipment -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (1195)	12/13/2004 8:38:22 AM
From: Christopher Brainard	Read Replies (1) \| Respond to of 1227

Hi Bob, Boy, you lerk everywhere! I've been following this thread due to the postings of the GS weekly briefs. No, I have not bought the dip on SBSE. In fact I was a seller into this dip. I no longer believe the management has the skills to consistantly grow the business, thus the stock has become just another technology play to buy low and sell after a nice profit. At $13 the stock is not low! You might be right about the price action going on with the semiconductor equipment companies. Heck, if you keep saying it for long enough you surely will be proven right. At one point I was silly enough to think I could learn to buy these stocks near the bottom (when everyone hates them) and sell them near the top (when everyone loves them). But years of defeat at this game now has me hoping to buy at a good price and sell after a nice profit of 30-40%. My only current holding is LTXX and my positions have been made at varying different prices (high and low). I have a nice block bought around $5.50. With a nice 30% gain on the books and GS calling for a market decline after this period of seasonal strength, I'm looking to be a seller with hopes of buying in again at lower prices. I would not touch your favorate COHU as it has as much downside risk as upside potential here at $18. Interest rates paid on parked money has more than doubled over the past few months. (You go Greenspan and get those short term rates up!!) I'm becoming more and more happy with my pile of parked cash. You keep watching your DI crossovers! Take care and have a happy holiday season. Chris