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

To: Mike 2.0 who wrote (6859)4/20/1999 6:55:00 PM
From: Michael Burry  Respond to of 78961
 
I would say the pharms are great companies. But they have all, LLY included, deviated upward out of their historical valuation range. This has happened especially over the last few years. So that LLY is back to March 98 valuations is not attractive to me. I've become only mildly interested on the recent pullbacks in several of them. They'd have to get back down a lot more for me to start buying.

Mike


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