I didn't think the earnings looked as well as they should have yesterday so I sold my shares. Oddly, the market didn't seem to be bothered by the earnings yesterday. Today it is off, but this stock has swings like this regularly. I might jump back in after I believe it bottoms out. Any other thoughts? Is there something that I missed that makes others more optimistic?
I think you probably did the right thing. BRKS is such a resoundingly mediocre company that's it's tough to have any faith in it. Lepofsky may indeed turn this sluggard around, but even at the most optimistic, that'll take awhile. And don't forget, he himself was part of the problem here. In the meantime there's so many more attractive companies in the semi equipment business. I have no enthusiasm for BRKS, but should the shares fall to $8 or so, I might add more. But even at that price it would require holding one's nose. A lackluster company in a cutthroat business.