Monday, July 24, 2006

True to Form

Quick update...

Added to Form Factor (FORM) position at 37.55 after last week's decline following S&P's outlook cut on Semiconductors. FORM produces wafer probe products, and any slowdown in the Semis industry could affect them. While their margins may be hurt slightly, I think their technology edge should provide a reasonable buffer going forward.

Market is moving sharply higher today. Been busy this morning, so I haven't been paying much attention to the day's news.

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