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


To: Michael Burry who wrote (3362)2/26/1998 8:46:00 PM
From: Daniel Miller  Respond to of 78519
 
Im sorry. I wont post any more about pennies but just if anyone is interested in them go to $5 and under- Turn $300 into more!!

I am extremely sorry about that. I will bring some good information on "value" stocks in the future to make up for this.

from, Joe



To: Michael Burry who wrote (3362)2/26/1998 9:29:00 PM
From: jeffbas  Read Replies (1) | Respond to of 78519
 
Mike, I am seeing the growth tech stocks go to the moon but much less progress in what we would call value stocks.

For example, I bought a small amount of Flextronics about 2 weeks ago at 36. To give myself a "margin of safety" on a volatile stock, I wrote July 45 calls for $3, being willing to take $48, for a 30+% gain in 5 months. Its there in two weeks!

From where you sit do you see the same thing? The HYDEA's of the world are doing little. Do you think it will change or do we have the wrong strategy for this up cycle?