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Politics : Ask Michael Burke

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To: terry stromquist who wrote (89189)2/4/2001 11:39:41 AM
From: Knighty Tin  Read Replies (1) of 132070
 
Terry, This has always been one of the most volatile stocks that I deal with, and this year has been no exception. We are in a situation right now where the market's excessively exuberant attitude toward wireless has become a dirge. That has historically been a good time to buy GEMS. However, I don't like the season or the cycle. I think that economic conditions are going to be rough on Gems until at least Sept. I might buy a third now, book it in my head like it was a Leap option, and hold off on the rest until near Labor Day.
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