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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (82138)	7/6/2000 12:28:15 PM
From: Knighty Tin	Read Replies (1) of 132070

To All, 1. I am buying a third of ASA today. I love this fund, but I love to buy it under $16. 2. After many moons of doing mostly bearish credit spreads on the internut stocks in my income portfolios, I have started to do more bullish ones on new positions and evening up some of the more bearish spreads. I have already mentioned Vertical and Vignette. I started using Allaire and Beas today. I find it hard to recommend them to many, because the options I use trade by appointment only. But the premiums are fat and I think all of these companies has some long term potential. Net, net, the income portfolios are probably more bullishly slanted than they have been in the past 2 years. However, that only brings me to neutral overall in the portfolio. I may be influenced a bit by the huge profits the downdraft of internuts and other tech scams gave my bear spreads during May and June, but I think some of these bowwows may be ready for a bounce.

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