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

To: jhg_in_kc who wrote (1720)8/3/1999 11:30:00 PM
From: Michael Burry  Respond to of 4661
A lot of us missed the AOL train, which left at a price of 15, not 88.


To: jhg_in_kc who wrote (1720)8/4/1999 12:50:00 AM
From: James Clarke  Read Replies (3) | Respond to of 4661
<<How about putting mom in a little AOL at 45% off, or RMBS, whose bus will leave the station on Sep. 5 .>>

I thought about AOL, but decided that short-selling is a little too aggressive for my mother's retirement money. Or did you really think I would BUY a stock at 150 times earnings, where 27 out of 27 sellside analysts have buys on it and insiders are selling to the tune of $200 million? Let me give that some Maybe at 30.