It is at times like these, in a tech bear market, that I like to remind myself of Warren Buffet's investments philosophy. Buffet says whether the market goes up or down does not change the merits of owning a company's stock. Either the company has good fundamentals or it doesn't deserve ownership. ASND, ATML, CSCC et al recently posted outstanding earnings further attesting to their solid outstanding fundamentals. Yet the stocks of these fine companies are battered on the same day the exceptionally good earning news is announced. Let's remember the fundamentals, and hang in there.
Tulvio |
