Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Michael Burry who wrote (10926)	7/11/2000 11:07:46 AM
From: James Clarke	Respond to of 78476

Mike, thanks for the heads up on GMT. Took up my position by about half - figure that takes my average cost to about 33 1/2 or so.

To: Michael Burry who wrote (10926)	7/11/2000 12:00:04 PM
From: Madharry	Respond to of 78476

My latest purchase is LDP- an offshore insurance company based in the channel islands. Why am I buying an insurance company? oddly enough it owns a venture capital company and has many venture capital investments, the largest of which in terms of market cap is an optical company called NUFO. I did not evaluate what I think NUFO is worth, but the market is valuing today at $540MM while the market cap of LDP is about $850MM, I believe this is way too low, and the thread of LDP which is excellent contains a valuation indicating that it could be worth as much as $37. I believe there is a lot of room for profit here as well as a large margin for errors and miscalculations. I have taken a full position. The way I analyze things my assessment is that there has been significant institutional buying today and this may be a precursor of good things to come. As always do your own dilligence and feel free to castigate this analysis. I reserve the right to be completely inaccurate and wrong, and I accept no responsibility for anyone losing money as a result of what I have posted here. However if you do make money you can remember me in your prayers as I need all the help I can get.