Monday, February 9, 2009

Looking for bargains among the wreckage

I'm considering a few new purchases for later this week, and have been scouting some prospects that are significantly off last year's highs. Some may be additions to existing positions, but most will probably be initial purchases in new companies. One I'm looking at now is GigaMedia, which seems to have good prospects. And today I noticed how badly ViroPharma got crushed on clinical trial news, so there may be value there as well. I'll narrow down my options later this week, but for now I'm just doing some due diligence.