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


To: James Clarke who wrote (3855)4/15/1998 7:24:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 78477
 
James, Re: Hyde

I've noticed - this is something of a watershed moment
for Hyde. As I said on my web site, I re-evaluated
it at 5, and I've decided to hold on until at least 6. Like
St. Joe at 33, Hyde at 6 to me is a company that may
finally really be changing. If so, the price expansion
could be dramatic. a la Jan Bell. I'll re-evaluate again at 6.
I know St. Joe must be one of those that you are selling,
but they acquired a true realtor today.

Well, I'm in the Prudent Bear fund today at 6.26 - its all
time low - as the market makes an all-time high. I think
I got a good price. I'm in APF today too.

For the world's most misguided attempt at valuing Intel, see
today's Fool on the Hill:

fnews.yahoo.com

Mike