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BiotechValues

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BiotechValues

Re: grass7319 post# 2453

Wednesday, 12/30/2009 7:34:00 AM

Wednesday, December 30, 2009 7:34:00 AM

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grass7319

I have never met, or spoken with management so can't say with any real confidence, much about them.

I do give them credit for warning shareholders more than once that 2009 was going to be a difficult year for them as they adjust/reshape their business model though.

If the stock were at $1 here, I wouldn't be as confident in buying- but at current prices (below cash on hand), and electronics/gadgets growing in popularity in China in general as their economy roars ahead (in comparison to the US economy anyway), I think the risk/reward is good.

“The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.”

Warren Buffett

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