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


To: Shane M who wrote (6589)4/5/1999 8:37:00 PM
From: geoffrey Wren  Respond to of 78661
 
Shane, I'd agree to a point about letting winners run, when it is gradual over time. And it's probably best to let winners run, rather than let losers run! lol. Still, I think when one follows a stock for awhile you develop a feel for a difference between a sharp movement for a good reason and a sharp movement for no apparent reason. If you are in a stock before the herd gets to it, that is good luck. Just be sure to get out of it before the herd leaves. I think a clue of this condition of the herd arriving is when the bulletin boards get relatively heavy with posts and the posters are contentious with anyone who posts a message doubting the valuation of a company.

Geoff Wren



To: Shane M who wrote (6589)4/6/1999 2:09:00 PM
From: Michael Burry  Read Replies (2) | Respond to of 78661
 
So Steelcase is doing the typical Barron's roundtrip. I'm planning on picking some up as it gets near its lows again. Most value investors should read the article - it's rah-rah, but solid.

Also looking to pick up some Timet (TIE) once again at an unbelievable $6 with all that insider buying and over $4 in cash.

And Oracle keeps falling. Go go go.

The account I'd buy all this in is still frozen, though.

Mike