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 (3595)	3/22/1998 9:43:00 PM
From: Wallace Rivers	Read Replies (1) \| Respond to of 78639

I don't know if anyone has posted this here, but oil is already on an upward trajectory as a result of an agreement over the weekend. There has been some discussion about oilfield services stocks on this thread. They will probably be on a tear tomorrow and merit watching.

To: Michael Burry who wrote (3595)	3/23/1998 5:27:00 PM
From: Ron Bower	Read Replies (2) \| Respond to of 78639

Mike & all, Just have to post this. Happened about an hour ago. They usually can't get by my secretary, but she was gone and I answered the phone. It was a broker trying to get my business. He's got this 'hot stock'. So and so has been quietly taking a large position in the company etc. etc. "I'm not interested. I make my own selections. I'm not interested in speculation or street rumors. I buy based on value according to my research." "You want value? I'll give you value!" and he names a stock. I happened to be on line doing some research so as he's giving his speal I look it up. "Let's see, it's selling at a PE of 30, growth of 15%, 9 times BV, debt to equity of .7, and it's low on cash." "LOW ON CASH? THEY JUST GOT A CREDIT LINE FOR ANOTHER $14 MILLION!!" -g- Ron