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Non-Tech : United States Enrichment Corporation (USU)
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To: James Clarke who wrote (58)5/9/1999 10:19:00 PM
From: Michael Burry   of 81
 
Jim,

I did buy back the USEC shares I just sold. Out at 11 7/8, back in again at 10 1/2. I had enough shares that the commissions wouldn't play a role. Basically, things got murky, and the price was diving just before the report. Usually that's an indication things will go even lower or even bust when the report comes out.

But I'm encouraged by where the stock price came to rest. I thought with this sort of news that the stock would tank even to 7-8. Could it be that its Wall Street investors really do understand it?

Mike
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