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


To: Michael Burry who wrote (2398)11/7/1997 1:01:00 PM
From: Michael Burry  Respond to of 78627
 
Actually, I just went ahead and bought more Hyde,
paying $5/share. At $5, the market cap is $31M, but
its net net value is $37M. I do believe it is worth at least
6 on the minimum. With growing revenues and the
management's new focus, it has the potential either
to be worth more or to be acquired by some firm with
more marketing expertise.

Good Investing,
Mike