Page 3 - cover_march_030122a.indd
P. 3

TAP TIMES                                                         March 2022



                                                                              Volume 13, Number 3
           Test, Assembly & Packaging TIMES



                    Semiconductor stocks: Buy low, sell high!




                              ne week a stock is
                              hot; the next it’s not.
                              That, dear reader, is
                              the nature of the glob-
                              al securities markets.


                              When buying stocks
                              — especially those in
                              the semiconductor
                              indus-try — the best
        O   and perhaps the only
                              valid advice is “Buy              t
        low, sell high.” The author of that tru-
        ism is unknown, but he (or she) was                     What stock will be the next Amazon or that rises from a few dol-
                                                                lars a share  into the stratosphere?  The charts know! (Pixabay)
        obviously a stock market genius.                        International Harvester.  He also had par-
                                                                tial or total control of 21 railroads, from
                       Ron Iscoff, Editor                       which he derived his robber baron sobri-
                                     Crusty John Pier-          quet .
                                     pont Morgan was
                                     the founder of             The Market? “It will fluctuate”
                                     the J.P. Morgan &          When Morgan was asked what the stock
                                     Co. empire, which          market would do, he is said to have re-
                                     after nearly 1,200         sponded, “It will fluctuate.”
                                     acquistions and
                                     amalgamations              If Morgan, who died in 1913, were alive
                                     became JP Morgan           today in the Semiconductor Age, he might
                                     Chase. He knew a           have replied, “It will fluctuate wildly and
                                     thing or two about         unexplainably!”
                                     stocks.
                                                                That brings us to today.  Everybody wants
                                     Gilded Age icon            to pick the next NVIDIA, the next Apple
                                     Morgan was a               or the next Amazon before it becomes a
        J.P.  Morgan,  titan  of  the  Gilded  banker, financier,   multi-billion dollar company.
        Age, with his son J.P. Morgan Jr.  broker and robber
        baron in America’s Gilded Age.                          If your father had bought 100 shares of an
                                                                imaging company known as Haloid in April
        In addition to the J.P. Morgan empire, he                                                      next page
        founded U.S. Steel, General Electric and                                     Advertisement
                                                                  Air-Cavity QFN? www.MirrorSemi.com
   1   2   3   4   5   6   7   8