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Strategies & Market Trends : Value Investing
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To: Wallace Rivers who wrote (9934)2/11/2000 2:50:00 PM
From: Michael Burry  Read Replies (2) of 78673
 
What happened to YUM yesterday? I nearly doubled up in the 27's. That stock is too cheap. Many, many people, including the Tice guy from "Tyco is a short" fame like to point out that YUM's gains are largely a result of restructuring operations. Well, duh. YUM does as good a job as any at providing detailed, comprehensive and clear press releases as to its activiities and results. I don't see anything underhanded or hype-like in management's comments. And I see a lot of them committed their own money much higher. It's my biggest position now.

Craving a Chalupa,
Mike
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