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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (10088)3/1/2000 1:22:00 PM
From: Michael Burry   of 78666
 
The only problem I have with FIT is that they have made recent acquisitions. Is that inconsistent with a stealth liquidation? I think the danger in any of these types is that the godawful cash-rich business decides to acquire another godawful cash-poor business and pays too much. Thanks for putting it on my watch list though.

Mike
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