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Strategies & Market Trends : Value Investing

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To: Ron Bower who wrote (2397)	11/7/1997 11:32:00 AM
From: Michael Burry	Read Replies (1) of 78627

Hyde Athletics reports earnings biz.yahoo.com That they are growing sales when other shoe companies are floundering is a testament to me sublime power of the Saucony brand. To be growing sales at a 24% clip, have a tiny PSR, and be a net-net, this has to be a stock value investors would love. The only problem is management, but they seem to be doing a better job, and I like the way they are refocusing. I'll add more if the price dips, but it doesn't look like it will. Instead, the stock simply doesn't trade on bad days for the market. Good Investing, Mike

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