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Politics : Ask Michael Burke

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To: Pierre-X who wrote (25895)2/10/1998 5:59:00 AM
From: Skeeter Bug  Read Replies (1) of 132070
 
pierre, nice piece, though analysis is spelled analysis and not analyses ;-)

i thought it was well thought out. one point you may want to add. the bottom doesn't hit - the bust doesn't hit - companies don't give up - until the stock valuations of companies drop. everyone over on the mu thread is overly excited about their 75% run up. i tell them that this is bad. why? b/c everyone - including big business in their industry - is also excited and continue to build up supply.

good piece, though.

thanks.

btw, i now own some mu puts. i'm proud of myself for my level of patience. it isn't easy having no position in a $10 stock when it goes up from $25 to $36 ;-)
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