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

To: Vol who wrote (2422)	11/12/1997 6:01:00 PM
From: Michael Burry	Read Replies (2) \| Respond to of 78628

I have very little extra insight into the disk drives as a sector. I do know that Seagate and Quantum look very good to me now. So much so that I got two limit orders on Quantum filled in the last two days - one at 27 3/8 and one at 25 1/2. I put them in a long time ago as GTC orders thinking I'd never see these prices. I have friends in the disk drive industry that are jumping on Seagate stock now. Western Digital has been punished the most. But Quantum is the most diversified and has the biggest commitment to R&D. The way to look at these stocks is as Ken Fisher Super Stocks IMO. Out there, my favorite buys right now remain Telebras, Quantum. Seagate had good relative strength today. I would buy at 22 if it gets there. Note that Creative Technologies has been showing incredible relative strength during this sell-off. It has been criticized as a momentum stock, but as my Investor article points out, there is value there too, and it seems to be holding up. I also bought Deswell Industries at 17 5/8 a few days ago. Now I'm fully invested, with overweighted positions in Micron Electronics and Telebras - I bought more Telebras today at 85 and 87. Short term, this could get pretty bloody. I usually post my opinions and my portfolio at my web site as well Good Investing, Mike sealpoint.com