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Politics : Ask Michael Burke

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To: davesd who wrote (6)7/20/1996 8:47:00 AM
From: Patrick Koehler   of 132070
 
Dave - I believe the purpose of these boards is to become more
knowledgeable and make money. I am a former MU bull converted by Mike
Burke. While I was buying calls on the way up, in the 70 and 80 point
range, Mike was giving us warnings of its pending down side. I think
when the stock was back down around 80, Rose made a comment that she
looked for the stock to be above 94 again by April 1st. Mike
responded that it would be closer to 22 than 94. At that time, I
thought that he was nuts, and was still buying calls on bounces. I was
converted and started buying puts and have enjoyed the ride down. He
has also suggested long positions in some bio stocks, and I made
money in those, and sold when he thought they may turn. So Mike can
be opinionated, so what. He has more experience with big bucks in his
little finger than I will every have. One vote for this topic! Patrick
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