STMicroelectronics (STM)

[kingofswing]

sorry NotRich......don't think that has anything to do with the price action with STM. I think it is just the natural ebb and flow of the market......stocks do pull back a bit......it's a natural occurence.....this is nothing. Best way to look at this one is too look out to at least this Fall/end of the year, as the revenue stream ramps up, and just try to imagine where the price will be by then. No way of telling for certain, but I would have to guess it will be a lot higher than it is now. They are plowing something like 1-1.2 billion $ into R & D this year....that is huge!! Think of all the goodies they will be bringing to market over the next 12-18 months.......