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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (83600)9/16/2000 7:43:52 AM
From: valueminded  Read Replies (1) of 132070
 
Mike:

At one time, you liked FMO, do you still like it, or did you punt it. It is now back down to 52 week low. Is it the heavy discount to book & decent cash flow that you like ? Also, doesnt the debt level seem high ? It would seem to me that GPC may be a better buy in this business ?
Which is also at a 52 week, 5 year low as well. Boy when they hate these businesses, they really hate them.

Do you view FAX as a decent hedge against the US dollar ?

I have been trying to buy puts for the last week, but they seem to only trade at the ask. Are you seeing a similar experience ? Sorry for the lot of questions

thanks
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