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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (7716)7/12/1999 1:36:00 PM
From: TwoBear  Respond to of 78510
 
Well, VAR is doing well. I wrote a lengthy post on it the other day and then my computer died. Oh, well. Anyway, moving on.

Have you looked at ADAC's recent financial disclosure? From what I can see, they don't look great and won't for the next two quarters due to new revenue recognition policies, but I do know that these guys have great equipment, and great products (use them), and a great reputation in the medical community. And, the price is very cheap and the I don't see it getting much cheaper. If they only returned to half of previous levels we would sitting on a two bagger. What's your opinion?

Scott