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Re: wakl post# 313

Thursday, 10/28/2010 2:16:44 PM

Thursday, October 28, 2010 2:16:44 PM

Post# of 830
I believe only in fundamentals and in long term potential of any company. Technical analysis has value for traders, but I don't have the willingness or time to be a trader. I see everything from a businessman's point of view: if a business looks good to me and if I find the management capable of running the business, I would like to invest in that business. I identify five to ten businesses and invest in 5-6 of them. If I find anything fundamentally wrong, either with management or product or industry, I take loss and get out of it.

So far, IMO, everything has been very good for Shrink and look at the positive side of management. They showed their mettle in striking the swap deal with Corning and another agreement with Lydal previously and other partnerships that cost them nothing. Shrink cannot afford to spend any money on anything other than product development. Also, management is focusing on broadening the base of potential products as they don't know which of those will be functional and commercially successful, thereby limiting the risk of failure.

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