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

To: Michael Burry who wrote (2737)	12/10/1997 7:19:00 PM
From: Thomas Haegin	Respond to of 78597

Which ones did you heard of and invested in lately? OXHP? Thomas

To: Michael Burry who wrote (2737)	12/11/1997 4:14:00 PM
From: OldAIMGuy	Respond to of 78597

Hi M. B., In looking over the slaughter in the tech stocks recently, I note that there's several that are now trading between 1X and 2X Book Value. This is the first time for many of these stocks to be so reasonably valued in a long time. Last April some fell down to those valuations and the run to Sept. was very nice for investors. Maybe if we ignore the big name tech stocks trading at 5X Book we'll continue to do okay! There's been fat valuations all over the NASDAQ 100 and S&P500 for a long time. The new era in investing seems to have been rather short lived! Best regards and thanks for the nice topic!, Tom