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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (2842)12/21/1997 5:56:00 PM
From: Michael Burry   of 78717
 
James, Re:Nike

1) Historic PE range

2) Markets react to news, and I see additional charges in
the pipeline for Nike - they won't be able to collect on all
that inappropriate accounts receivable.

3) I feel the market will get worse.

Mike
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