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To: Steven Dopp who wrote (3135)2/4/1998 5:39:00 PM
From: Michael Burry  Respond to of 78568
 
FWIW, I do it by screening for enterprises at less than net working
capital and no debt. From there, I have to look at the balance
sheets, but the list is pretty small. Actually, it is very
very small, and I don't bother. Bill Nasgowitz at Heartland
Value does it. And these situations only look "guaranteed" to
me if viewed in terms of cash flows and enterprise value.

Mike