Thursday, October 12, 2006


Puttering along

Just like last week, the portfolio continues to putter along (gaining 1.1 percent so far this week), but in terms of relative performance, I continue to badly trail the NASDAQ and my comparator benchmark, the Russell 2000.

I couldn't help but laugh when I saw MNCS.OB this morning. So much for that amazing stock that doesn't go down. The company's press release was particularly entertaining: "we are not aware of any materially adverse news". Well, here's a possible explanation: up until a few days ago, your company was a quarter billion dollar shell.

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