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Technology Stocks : Brooks Automation
BRKS 96.74+1.4%Apr 13 4:00 PM EDT

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To: Johnny Canuck who wrote (1091)11/30/2020 9:42:24 AM
From: robert b furman  Read Replies (1) of 1114
 
HI Johnny,

This month I've sold 3500 shares at 61.48 average.

I've also sold some calls with January expiration, I staggered the calls between 60.00, 65.00,and 70.00

I also sold some Aprils calls in the 75.00, and 80.00.

I'm now upside down ono them all and anxiously awaiting them being taken from me.

If all the 60's, 65's and 70's all get assigned,I'll have my seed money back.

If it goes higher ,I'll scale off to a 27% lighter and throe the remaining 63% in my long term buy and forgett bout.

Although I've never done that before, BRKS's life sciences division is creative destruction that will continue to grow - even when the next semi cycle contracts.

I'll watch for semi weakness and maybe peel off some more.

Debt free and accumulating cash quickly, BRKS management are always on the acquisition space.

I suspect they'll add on small additional consumables that can be sold by the global sales team.

In the longer run, those research hospitals and bio/pharma labs with scale will have Brks build on facility bio banks to store their valuable products and hav all but instant access while being stored at -160 degrees.

Cleveland Hospital is currently the first of this approach.

I think that the CEO and CFO are the most dynamic management team I've ever been invested in.

You should never fall in love with a stock, but these guys really are good.

My bet is some day pfizer or some big pharma will absorb them and they'll morph into a very nice solid dividend growth stock.

Either way I'm holding onto them for the long run after my seed money is returned - hoping that happens in the next 46 days.

Going to be a good and exciting New Years.

Bob
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