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 (3693)	3/30/1998 11:46:00 AM
From: jeffbas	Read Replies (1) \| Respond to of 78652

You make a good point, Mike. But that opportunity is more often available with companies in isolated niches than with large groups of companies in an industry that on the surface appear similar and tend to move in groups, both up and down. The P/E of HMAR is unlikely to get to be (your) "half" of a driller's P/E.

To: Michael Burry who wrote (3693)	3/30/1998 3:00:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 78652

Mike, why not pay 9x '99 earnings for NE where your upside is tremendous and the fundimentals look solid for at the very least.... several yrs. Just a thought. -Lucretius