Tuesday, July 10, 2007
Sector Spotlight: Semiconductors
My sense, let the market go down triple digits, then nibble like a rat on cheese.
Doing a little research, it appears NVDA has been excluded from the iphone. Instead, graphic chips are being made by a company named Imagination Technologies. You can buy the stock on the London Exchange or over the counter here, via IGNMF. Undoubtedly, being inside the iphone will help this company-- a great deal.
Thus far, I am seeing some marked strength in select software names, such as CTCH, ATVI, IMMR, DRIV, SMSI and ERTS.
Additionally, with the exception of NVDA, BRCM, SNDK and INFM, semi's are being whipped with spiked leather. However, "The Fly" believes the sector should be owned. Therefore, look at this decline as a buying oppotunity, instead of a short.
Also, it's worth noting, there are rumors that AMD may start outsourcing chip production to TSM. If this rumor is accurate, TSM is a fucking buy. And, this may be a loss for CHRT.
Finally, AAPL is destroying those who bet against it. Steve Jobs is the best CEO in America and should be awarded the lofty position of President, instead of having some asshole throw darts at his face--whenever the stock goes down.
NOTE: If you fuckers like KO, take a peak at CCLAY (Coke Australia). They're better.
mexicans in america has to be a trend. any ideas besides WU?
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