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Strategies & Market Trends : Value Investing
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To: Ron Bower who wrote (1810)8/28/1997 5:59:00 PM
From: Michael Burry   of 78764
 
Ron,

Hyde got 7.1M for Brookfield. For a company
with a market cap of 26M despite the Saucony,
Hind and Quintana Roo brands, that ain't bad.
My broker and I weasled a price of 4.09 on
3000 shares today, so I'm into it now. I've
got a limit pending on another 3000 at 4 in
another account. IMO, this is cheaper than
cheap.

I must admit I sold Tejon -- not willing
to let the momentum players kick
my stomach around. 22.5 to 36 in
a week is good enough for me.

Ispat -- I will look into it more and
let everyone here know.

Good Investing,
Mike
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