Just watching CNBC - some are saying we are close to the bottom- who knows. He made some interesting points tho-
1. Make sure your company has cash and does not have immediate funding needs
2. Does not have high capex plans(since all prodn is 3rd party)
3. Is not exposed to consumer, retail but offers cost/efficiency benefits
4. Shows strong growth potential
5. Diversified(based on customer contacts)
I would be buying everything I could at these prices (I'm starting to run out of cash). Some people will make a bundle from this opportunity...as they said the other day Warren Buffett looks years ahead not weeks ahead when making a buying decision
bit over 8 at end of next year sit tight, page-7
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