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Pastimes : All Clowns Must Be Destroyed
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To: patron_anejo_por_favor who wrote (40628)6/19/2000 6:43:00 PM
From: Archie Meeties  Read Replies (1) of 42523
 
Still holding your GE puts?

I'm waiting for one of the large holders to break ranks and realize GE for what it will be in 1-3 quarters. This one can't be defended indefinitely, even if AG announces on CNN in 5 languages that the FED stands ready to be the GE buyer of last resort.

I can hear him now, "I will print money and pipe it directly to the accounts of GS, JPM, and LEH. They will then buy GE in size, and all you fools who sold because of valuation worries will be left in my dust. Bubble, what bubble? Ho Ho Ho."
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