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


To: Jurgis Bekepuris who wrote (29947)2/1/2008 12:45:33 PM
From: Paul Senior  Respond to of 78687
 
MXIM. For some companies - companies in a viable (growing) sector that seem big enough and have resources enough - I'm willing to go with unaudited reporting, viz.

marketwatch.com

Although I don't like that they go for over a year without producing an audited report. Or that they are restating.

That said, your reluctance to buy has been correct. My decision to buy (and hold) in May and Aug. of '06 has been wrong. And may prove to be wrong again too with today's buy.

A lot of MXIM's stock's performance has to do with the sector: the stocks of several companies I see are also down near lows:

finance.yahoo.com