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Non-Tech : PPD (Pre-paid Legal Services) on the move -- Ignore unavailable to you. Want to Upgrade?


To: robert read who wrote (735)9/24/1999 8:09:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 801
 
Many like me? Evidently not enough. The price is still going up. Don't think I've struck gold - yet. But I do understand the finances of this company, and most people seem not to.

Ol' Herb admitted he was wrong? Where was that? Please provide a link.

Good investing,
Mike



To: robert read who wrote (735)9/25/1999 3:36:00 PM
From: Bob Rudd  Read Replies (1) | Respond to of 801
 
Herb's comment from 7/1/99 'Report card' column: "But this column gets failing marks, at least right now, for <<SNIP>>and Pre-Paid Legal Services (PPD:NYSE) (jury's still out on that one)."
basically implies that PPD's price hasn't confirmed bearish fundamentals, yet. It's not unusual for bearish fundamentals, especially involving funky accounting, to go unheeded in bull market when top-line growth appears to be there.