Jurgis:
I'm with you.
Although this is a "pure" value thread, I'm trying to do what you are doing - buy what I think are great companies at substantially reduced prices, whether they are pure value plays or not. I don't dip my toes in the water in a big way in this sphere, however. I'm happy I own MSFT today.
I'm not happy I own SYMC today, on the contrary. The company is rewarded with a downgrade from Pru (per Yahoo board, so caveat emptor), even though the company beat estimates. Top line was weaker than anticipated, a great deal due to the Euro, and the guidance on rev. growth was taken down from 20% to 15-16%. Still, this company is growing at a most significant clip, has a phenomenal PEG ratio, low PE and pristine balance sheet. So, Pru downgrades... |
