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


To: Stewart Whitman who wrote (6383)3/21/1999 1:25:00 AM
From: Michael Burry  Read Replies (1) | Respond to of 78505
 
Stewart,

Thanks for ARJ. Looking at it, I like it, but I'd love it at about half this price. A PE of 6, Dividend of 9%, 0.5 X book would be a slam dunk for me given what I just read about the business and other opportunities I know to be out there in the market. At current prices it certainly looks cheap, and a year ago I would've jumped on it. Not to say it wouldn't be ok for others with a different/better understanding.

Mike