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Strategies & Market Trends : Value Investing

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To: Michael Burry who wrote (7217)	5/20/1999 6:18:00 PM
From: Robert Hoefer	Read Replies (2) of 78476

Michael Burry: Bad news on SVR, your recent pick. Thoughts? The numbers look wonderful, and so a pullback on bad news seems like a great time to buy. But will there be more bad news, or worse news? I suppose the idea of value investing is that the stock has already been discounted for the worst possible news, therefore one's downside is limited. I'll keep watching your web site.

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