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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (9042)	11/28/1999 4:25:00 PM
From: Michael Burry	Read Replies (1) of 78608

Could we assume that MO would be able to spin-off its liability in the future - in a manner that would allow there to be little downside risk to current purchasers of equity stakes? Could we assume management would act this way? The way the chief legal officer cut and ran in August, I'm doubtful. Re: VIX (our favorite indicator ;0), there's a whole story in Barron's today analyzing what it's doing. Wow. A whole story on one technical indicator. Something tells me there's a certain technical indicator that's going to lose it's usefulness very soon if not already. Good investing, Mike

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