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Strategies & Market Trends : Brand Name Values and Turnarounds -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (48)3/9/1999 1:03:00 PM
From: Investor2  Read Replies (1) | Respond to of 82
 
Re: "I've owned MCD, and decided to unload half the position
today."

I sold MCD in July 1998 (to re-balance my equity allocation) at $75 per share. I would like to buy back in some day, but not at these prices. I'm used to buying MCD at a P/E of 18 or so and a yield of about 0.9%.

Maybe some day it will get back there again.

Best wishes,

I2