Quarterly Commentaries The quarterly commentaries below are in Acrobat Adobe Reader Format. If you do not have Adobe Reader, please use the following free link to download: http://www.adobe.com/products/acrobat/readstep2.html Go Back to About Us Conestoga Fourth Quarter, 2011 Commentary Conestoga Third Quarter, 2011 Commentary Conestoga Second Quarter, 2011 Commentary Conestoga First Quarter, 2011 Commentary Conestoga Fourth Quarter, 2010 Commentary Conestoga Third Quarter, 2010 Commentary Conestoga Second Quarter, 2010 Commentary Conestoga First Quarter, 2010 Commentary Conestoga Fourth Quarter, 2009 Commentary Conestoga Third Quarter, 2009 Commentary Conestoga Second Quarter, 2009 Commentary Conestoga First Quarter, 2009 Commentary Conestoga Fourth Quarter, 2008 Commentary Conestoga Third Quarter, 2008 Commentary Conestoga Second Quarter, 2008 Commentary Conestoga First Quarter, 2008 Commentary Conestoga Fourth Quarter, 2007 Commentary Conestoga Third Quarter, 2007 Commentary Conestoga Second Quarter, 2007 Commentary Conestoga First Quarter, 2007 Commentary Conestoga Fourth Quarter, 2006 Commentary Conestoga Third Quarter, 2006 Commentary Conestoga Second Quarter, 2006 Commentary Conestoga First Quarter, 2006 Commentary "We believe that the best path to long-term success in investing in small cap companies, is one that focuses on companies with earnings, with sustainable earnings growth rates, and high-quality business models that reward shareholders."