I hear what your saying Amulet. It certainly has been tough to see but it has been a tough market in general as well.
The web and Hotcopper is a great way to get a blow by blow commentary on how we are travelling with our stocks but I think it also can add to the anxiety level of some people. Sometimes i think we just need to step back and refocus on what our own individual investing plans are. If shorter term, well yep it will be a scary ride.
I don't see the SP as a measure of a value on the company but more of a measure of how "loved" it is. It's then just a matter of finding the ones which are unloved and undervalued.
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