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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: anializer who wrote (25402)11/30/2006 5:02:00 PM
From: Madharry  Respond to of 78711
 
Although Ive never made enough money with turnarounds to focus on them , it seems to me that it might be worth while to differentiate between companies that had a profitable business model, and then fell on hard times as opposed to companies that raised lots of money on promises but failed to deliver. To me the classic situation that I regret not holding on to longer was Apple Computer. They always had good products, and the stock was clearly undervalued for many years. Its no big surprise that they eventually developed another highly successful consumer product.