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Strategies & Market Trends : Value Investing
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To: Wallace Rivers who wrote (5856)1/25/1999 10:49:00 AM
From: Michael Burry  Read Replies (1) of 78480
 
I'm reading a book, Wall Street on Sale, that mentions Callaway in 1994, when it was trading at 11 times earnings in the face of a perceived glut in the industry for makers of premier clubs. Mentions it as a contrarian ploy that would have worked.

Thanks for the input, Wallace.

Mike
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