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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (8070)8/28/1999 7:03:00 PM
From: jeffbas  Read Replies (2) of 78821
 
Mike, how are you feeling about MWY after the worse than expected operating results. I was appalled at the drop from $60 million to $20
million in home video sales. With that kind of volatility can their forecast of record results in the next fiscal year be anything more than (low credibility) guesswork? I have also noticed that Redstone has slowed his purchases considerably since March.
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