Silicon Laboratories (NASDAQ:SLAB)
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The Company designs and develops proprietary, analog-intensive, mixed-signal integrated circuits for a broad range of applications.
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The Company designs and develops proprietary, analog-intensive, mixed-signal integrated circuits for a broad range of applications.
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I've owned this stock since 2004 and it has underperformed the S&P 500 since then. I'm selling this stock and looking for better investments at this time. I don't think this stock will do well over the next 5 years even though it's a great company. It's a dog-eat-dog industry and I probably will stay away from investing in this type of company in the future. I've always avoided AMD and INTEL because their R&D costs are high. I backing away from this biz, too. Sorry, SLAB....Good luck! With this down market, I think there are much better opportunities out there given some of the "fire sale" prices in the market!