I love this discussion. I too can relate personally to the mold cost/
downstream return vs. current risk issue, as I have been involved
in several start-ups myself facing this very issue. No doubt you all
have identified the big issue facing the customers - true all over
the world. Thanks to all for continuing this discussion.
Ron, re: calling the CEO again, I agree that we should limit
our calls to only the rare occassion that we really don't get something.
I feel very comfortable with my investment (I averaged up at
19 a few days ago), and feel that the major issues are out in
the open already. I am not presently so befuddled that I would
be comfortable calling him again. The instant I get befuddled,
I'll be on the line. The biggest sure bets I see right now
are Deswell, Telebras, and St. Joe, with Deswell leading the
way.
Dang we need a black-as-all-hell bear on this thread.
On the bright side, among the rare occasions that I have been
just absolutely 150% way-too-bullish on a stock, I can't recall
a loss. In recent years, Pacificare at 48, Telebras at 90,
Micron Electronics at 9, WHX at 5 1/2. Applix at 4. All were
absolute steals. Now it's Deswell at below 20 and SJP
at 30. Both stories are 100% better than a year ago, with
only minimal stock price change. Time will tell.
Good Investing,
Mike |
