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

To: Michael Burry who wrote (8207)	9/11/1999 1:34:00 AM
From: jeffbas	Read Replies (1) \| Respond to of 78814

I have always thought this was a good company and certainly will start watching it now. Two key things caught my eye in the announcement: -The size of the restructuring charge was startling for what it supposedly covered. -The health care system seems generally to be under a lot of financial stress. Slow pays everywhere and particularly by HMOs to them is quite a concern. I hope this isn't going to be a survival of only the fittest situation - and reminds me a bit of the railroads many years ago and the steel companies somewhat more recently.

To: Michael Burry who wrote (8207)	9/11/1999 2:06:00 AM
From: James Clarke	Read Replies (2) \| Respond to of 78814

OUCH! Mike wasn't the only one to have a big ouch today. Remember a month or so ago when I shorted a bunch of internet stocks? I am short TheGlobe.com in a big way. I think the stock is worthless in the long term, and it has looked like a good idea until today when a short squeeze hit big, driving the stock from 10 to 15 on no news whatsoever. I told my wife I am going to get a t-shirt made for our newborn baby: MY IDIOT FATHER SHORTED AMAZON IN MY COLLEGE FUND and on the back DELAWARE COUNTY COMMUNITY COLLEGE She was not pleased. For now, as ET would say, "OOUUCCHH"