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Technology Stocks : Azenta -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (1006)	12/1/2016 12:31:12 PM
From: robert b furman	Read Replies (1) \| Respond to of 1138

I have a large position in Brks average cost is 10.32 yields a 4.26%. I'm going to keep the core position. Brks has such a solid balance sheet and a big cash horde with no bank debt. They can continue to buy cryogenic businesses and roll up the fragmented players with cash flow. It is my hope they will continue to bump the dividend 1 cent per quarter per year similar to what Amat has done. If they do that - they'll be in the 20's and 30's just like Amat is. To answer your question - I will trade around brks with small adds. I'm inclined to do that by selling puts on brks on general market sell offs. My first thought would be to sell the 15's when price hits the 14's and double down if the 12.50's get over 1.00. Being put brks at the $11.50 range won't hurt my overall average at all and it will add to my dividend income. 40 cent dividend on $11.50 net purchase price yields 3.49% - not bad considering you have a chance of getting a long term multi-bagger and getting paid nicely to wait. I think these guys have a gold mine as they roll up all the bio storage service companies globally and supply them with their leading equipment and consumables. Schwartz has executed brilliantly in both the semi sector and life sciences - he's a favorite CEO of mine. I like buying stock in companies that are way smarter than me!! <smile> Unlike Cree and LED BULBS - I do not see a Chinese competitor that can knock off their product/services. They have a big moat and will get global consolidation achieved before any one even considers competing. This stock will be a cash cow !! Bob