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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (73974)1/19/2000 7:26:00 AM
From: valueminded  Read Replies (1) of 132070
 
Mike:

I love it when a large percentage of "HiTech" income growth comes from investment stock gains. When operating earnings stagnate, (even with "massive buybacks") it would seem that the end is near. Course AG will bailout any calamaties equity holders have so I am not ready to increase bond holdings yet. Getting mighty tempting with some of the closed end funds however.

Different note. I have shed some of my biotech holdings. Still holding GZTR and DRMD and I am looking to add new positions. Are there any you would buy at their current price or would you wait ? You mentioned VASO and HQH (or was it HQL). Also, are you familiar with TGX (theragenics) if so, what do you think of them. thanks
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