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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (7664)	7/6/1999 11:48:00 AM
From: Michael Burry	Read Replies (2) of 78751

Re: value investing plaything As much contrarian as value investing, I bought back into WHX in a small way today. They are so leveraged they did not rally with the other steels earlier this year. But they didn't fall at all with the recent bad news. Gabelli apparently is still buying them, and LaBow is a particularly tenacious value investor. The complexity of the valuation keeps a lot of people away, but I still feel they can be valued as I've posted on the WHX boards here and on Yahoo. BTW, somebody at the Fed visited my site twice today. Never have seen that before. But there it is, right after I wrote a pretty scathing paragraph or two about Alan becoming a mo-mo guy on the portfolio page. Probably a low-level, but you never know...;) Mike

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