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Strategies & Market Trends : Value Investing

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To: James Clarke who wrote (10635)	5/22/2000 12:39:00 AM
From: Michael Burry	Read Replies (3) of 78951

Jim, Ambac's been on my watch list for a long time now. Still don't feel compelled to buy it. Can you explain why this: "In an unusual development, Ambac Financial Group Inc.'s (NYSE:ABK - news) Ambac Assurance Corp. came in fourth with $2.2 billion insured deals. Ambac, which typically grabs one of the top three spots, saw its market share slip a whopping 72.8 percent from 1999's first quarter volume of $8.1 billion." Mike

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