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I believe poor market performance of the past had more to do with reliance on one market, SRAM, that collapsed. Recent poor performance can be blamed to some extent on investors' skepticism of management's ability to execute on multiple fronts, but to a large extent can be blamed on Asian woes and competition and some weakening of demand. I.E. the semi market has been fu#%ed for several years and getting more fu&@ed. People keep saying, "Maybe next year we'll pull out."
Rubber bands seem stretched to the limit all over the place, esp in my account which is margined to the hilt. Apollo, God of Commerce, please send a favorable wind that lifts the fortunes of our small and humble company. Hera, divine Goddess, see that our lord Zeus is satisfied so that he may keep his thunderbolts in check. The Oracle may speak to me this evening. I will burn fat and bone all night as supplication to the Gods. Wish me luck. I may not return.
Jackson |
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