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Strategies & Market Trends : Buffettology

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To: Michael Burry who wrote (1727)8/12/1999 12:46:00 AM
From: James Clarke  Read Replies (1) of 4661
 
Agree on AHP - they've got a BIG problem here and it is going to get bigger. I hear that these diet drugs are the prime target for the extortionist lawyers bankrolled by the tobacco industry. "Corporate greed" my %&#$. But what does that have to do with my plan to buy Merck at 50 in a market meltdown? I see no reason to generalize across the industry. Yes, I agree they got way overvalued, but have come down signifantly already. Not quite at my price yet, but getting closer by the day.

JJC
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