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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?


To: JZGalt who wrote (2623)2/2/1998 9:38:00 PM
From: Michael Burry  Respond to of 3736
 
OFF TOPIC Re: EV

Speedfam didn't participate too much today,
but then neither did most small caps.

If you go to my first Pick of the Month, Applix
in April 97, you'll see me use EV. I also use
it in my article Beam Up a Bargain in Broadcasting
at Microsoft Investor investor.msn.com
Search the articles by author and look under
my name to see my use of it there. I use it other
places, but not everywhere because EV is not
always appropriate, especially in turnaround/
spinoff situations where debt (which detracts
from EV) is not the fault of present or future
operations - as in the case of current article
Finding Value in Fast Food. EV has been around since long before
I was born - and long before the Fools as well!

Mike