Bruce,
Surely you realize the highly charged environment surrounding this stock right now. It is the object of a concerted short attack, with collusion from various media outlets, several lawfirms, and greenlight capital and off wall street firms, as well as, I think, John Mauldin in his weekly newsletter where he published what could have been a pump letter. In fact, since you don't mention this, I wonder if you're involved. I hope not. Anyway, anyone interested in this company, long, short, or considering, I strongly recommend you check out the yahoo board on this company. There has been some excellent analysis on that board, about 3000 posts worth now, since the short attack was made public, with lots of great information and intelligent commentary on the topics of the short attack. There are also some rather deplorable persons of course presenting the short hype (but little of substance and nothing not made public elsewhere) trying to scare people out of their positions. Wading through these posts is worthwhile.
It's extremely difficult not to be cynical about this subject, Bruce, and I apologize to you (and John Mauldin, for that matter) if you are not really part of the dump attack. However, I'm very suspicious after these last months with this stock. I've managed to recoup my paper losses with trading the stock, but this has been a maddening experience.
Earlier this week, Zeev suggested to me not holding this stock in the core until after the short interest has dropped back to historic levels (~ 2 - 3 %) in the case of ALD. He likens the situation to AGM, although of course the fundamentals are totally different.
Finally, my opinion is that the shorts are poorly educated with respect to the way this company operates, and are quite foolish to short this stock in the feb-april period when you could throw a dart at tech and find a better reward to risk for a short.
darryl
darryl
