I agree 100% with the advice about "catching falling knives". In this type market doing so can seriously wound ones financial position. I also agree that SMTC is worth more than the current market price. However a stock's price is a reflection of what a person is willing to pay regardless of the stock's true intrinsic value. Once enough people "see" the higher intrinsic value, the stock will response in a very positive way. At the present time a price below $40 represents a great buy. In the words of Jim Grant the stock market is like a department store with one major difference�. People want to buy stocks only when prices have gone higher. Not many search for bargains as they would normally for anything else. SMTC is now a blue light special. So my plan is to employed your mentioned strategy of buying 1/2 of what you really want and keep buying on weakness to average out a lower cost basis. I've used this system of dollar cost averaging in mutual funds and its has worked quite well. Thanks for your comments.