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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (4646)	8/12/1998 10:14:00 AM
From: Michael Burry	of 78653

JOE's buying back shares! Finally. But even more attractive, FLA is now down to 25 (100 pre-split). It reported great earnings today, and is below the price JOE wanted to pay for it. Obvious value IMO. Another stock I'm watching is ADBE. I've been watching it since it started to fall from 40. Now at 25ish. Like with WWW, I'm patient. These kind of stocks will get creamed in a bear. But still it deserves a place on watch lists.

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