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


To: Michael Burry who wrote (11020)7/27/2000 8:15:43 PM
From: James Clarke  Respond to of 78745
 
The article on Kmart in the Wall Street Journal today was interesting to me. New management, actually doing something aggressive. Firing the people who mismanaged the stores in the past. Can't believe the last "new management" never got around to doing that.

This is not a recommendation, and I am not buying. I just pose the question, is there some price at which this stock is compelling? I don't know if I'd answer yes to that question, though I've said often that I'll buy dog s%&t if it trades for half the going market value of dog s%&t.