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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (8325)	9/21/1999 1:51:00 PM
From: Mike 2.0	Read Replies (1) of 78915

The extra push down to the current level is just disgust. But we all knew this was happening - just as we all know things will improve when Y2K passes. I actually thought we would see the lions share of the slowdown in Q4 of C/Y 1999...when companies have a lockdown on any new implementations. That the first two C/Y quarters of year 2000 will be slow as well (OK maybe Q1 year 2000) is something of a surprise to me. The yield on this stock remains incredible, perhaps unique in any category within the tech sector. If they don't screw with the dividend I think we will be OK. I think we will see single digits thanks to tax loss selling whereupon I will probably add as well. No hurry for now. BTW, I see similar tech services company Syntel (SYNT) down 9% today...down in sympathy?

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