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

To: Michael Burry who wrote (9077)	11/30/1999 11:41:00 AM
From: Madharry	Respond to of 78984

Well there were risks and there still are. MITA had curtailed production requirements, impact on possible devaluation of Chinese currency, lack of liquidity in shares, etc. All I am saying is three years the company seemed well managed and cheap for a growth company, not much has really changed except that people probably collected at 30% in dividends. So I would not refer to the rise as parabolic. I do not own the stock now myself, but that is mostly because I have US investments pretty much and with the returns I am getting I am not looking to add international risk myself. If I were looking for yield though I would probably look to one or more of the REITs that you have written about at your excellent website. OT I went to yahoo and read many of the comments on USU. It is illuminating to realize how many risks appear when you invest in a commodity type business, and the price of that commodity drops. I keep asking myself why would anyone want to own that as opposed to a REIT right now. My call is that there will be more tax selling in this issue before Christmas and at some point it may be worth an investment but I want a firesale price.