Everyone in the semiconductor pool….

It sure feels silly out there, but with the mobile revolution replacing the PC revolution, one needs to have some perspective on silly.

The $SOX $SMH semiconductor index of the 1990’s was seriously hot. Seriously bubblicious.

It is very hard to grasp investing in parts, whether they are auto parts or computer parts. I generally avoid. The genreal fear has really cost me in this momentum run. I want to learn a lot more so I sat down with a friend Roy Kaller to discuss the 50 year old industry. Roy has done it ALL in the semiconductor industry and continues to strategically consult for a hot chip stock $CRUS.

I have/had (taped last week) been eyeing $ARMH which is like the $IMAX or $DLB for monile phones and just starting to do some work and the stocks has now exploded another 30 percent. I won’t chase it here but learned a lot and as usual some valuable lessons in the value of working harder and faster when I have an instinct.

It feels like the markets will love semiconductor stops for a long time in this cycle. The corrections will be vicious as usual and the losers will cut you hard when their networking and mobile landlords change the parts.