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


To: Michael Burry who wrote (9546)1/7/2000 3:14:00 PM
From: Archie Meeties  Read Replies (1) | Respond to of 78619
 
I also rotated in late December, mostly into balanced E&P. Didn't find oil service that appealing - waiting for a correction in oil. An exception was SEI - seismic.

Agreed that the value is exceptional - most are trading at historically low cash flow multiples and many at discount to reserve value. Did you look at any pure E&P's?