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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (6284)3/13/1999 10:48:00 AM
From: James Clarke  Read Replies (2) of 78599
 
GENBB - the business is worse than I remembered it, but it is literally free (more cash and investments than market cap). Maybe a business that loses money with great consistency should be free. Any catalyst anybody can dream up would be appreciated. This is a classic of the used cigar butt school -Smelly, wet cigar lying in the gutter, but its got one last puff...and its free! I hesitate to go further because I owned this stock for the same reason briefly in the 40s several years ago, and thank God I sold it.

JJC
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