No, he was asked what he's doing. Remember he runs a hedge fund, so most likely he's been in this trade for awhile. But his point is very timely in that if you look at the fact that the customers for these semi companies haven't even yet had their earning's cut, this trade hasn't even begun.
All you gotta know is that with BRCM over $30, semis are over-priced. When you get BRCM under $20 is when you know it's time to get in.
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