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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (2768)	12/15/1997 8:09:00 PM
From: James Clarke	Read Replies (4) of 78602

I swore off tech stocks six months ago, but man do they look cheap now. Seagate, WFR, Electronics for Imagining...maybe even Intel. Should I place my bets? I looked at it this way when I made the decision. My decision parameters just don't seem to work for tech stocks. Although I doubled a couple of them, I had a number of losses which left me just about even in the sector. P/E doesn't work. I admit I do not understand the technology. And I look at Warren Buffett, who never bought a tech stock in his life...and he did OK. Should I reconsider? Or am I just being greedy?

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