There's good news in the stock market -- if you're a long-term value investor (like I am)....

Tumbling stock prices is GOOD news.... It means that many stocks are now undervalued! Bargains galore! If you have money to buy stocks, now is the time to find a bargain....

I've looked briefly at a few stocks already, and without doing the full analysis yet, I'm amazed at some of the bargains out there!

I don't know what I'll be buying yet, but I'll discuss a few stocks in the weeks to come, as I do my analysis. (However, I'm not a licensed financial advisor, so don't take anything I say as investment advice!)

Remember, any time of change is always a time of opportunity.... The trick is spotting the opportunity. :)

By the way, some people think that when the stock market goes down, everyone loses money.... It's not true. I've made money in the latest tumbling markets.... A lot of my money is currently in Resmed (RMD), which I analyzed and bought in July 2000.... As you can see if you look it up on a service like www.stocksheet.com , Resmed has almost doubled in price since I bought it....

(I try to follow Warren Buffett-style investment methods, as he has arguably the best long-term track record in the business....)

- Dien Rice