Victor:
Thanks for posting that litigation update. Face value would tell any small investor that it really doesn't matter whether a legal actions wins against a company or not, for case like SGI. As the only winners are the lawyers on both sides of the case. The share holders that have loses just get some beer money back, and thats it <s>. Been there, done that.
This is why over the past few years I have developed the stock picking strategy of buying washed out, beaten down, undervalued stocks with strong value, no debt, good management, and a strong product cycle (sector growth) unfolding (e.g. software for NOS, intra- internet). Otherwise, sure, anything can happen out there in the equities world, as bears and bulls sweep across the canvas like boxers in the ring.
I'm looking at BA, NSM, LSI, AMAT and a few others now, but I feel its just not quite the time to touch these yet. Maybe BA later in the year, but the chips and hardware tech stocks could be in a plateau to declining position, with further weakening fundamentals and earnings over the next 3-6+ months.
Regards,
QuadK |
