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 (2675)	12/5/1997 7:43:00 PM
From: Jurgis Bekepuris	Respond to of 78594

Michael, <<though I would not add anything for QNTMs DD business at this time.>> >I disagree. I was talking at what price to buy, not at what price to sell. Being conservative pays better. :-))) >Do Ford and GM become worthless when the cycle turns >down? They don't but Chrysler came close to it. > Do semiconductor companies become worthless when > the cycle turns down? Some of them do. I think that current bull market was extremely helpful for tech companies. All of them IPO'ed or refinanced their debt through secondaries, tertiaries, etc. So most of them have healthy balance sheets and almost none of them face an immediate threat of bankruptcy. In a less healthy market, some companies would be already under. Let's agree that QNTM seems to have brighter future than the rest of DD pack. It's everybody's own call at which price and when to buy it. To change the topic, did you ever look at UM. It has incredible margins and free cash flows. Even running on two-and-a-half legs after Baxter pullout they repurchased 25% (?) of their shares. The annual reports are very well written. If the company gets back on three or four legs, the upside should be good. Do you have any opinion about them? Good luck Raimondas