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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote ()	1/13/2000 1:45:00 PM
From: Freedom Fighter	of 78747

To All, I added to my position in Velcro Industries (VELCF). The investment portfolio is worth about $3.25 and earnings from operations were about .91 per share. Shares trading at 11.125. Earnings from operations were up sharply last year and sales growth was more than satisfactory. ROE on non-portfolio equity is also impressive. Wayne

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