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Politics : Ask Michael Burke

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To: space cadet who wrote (236)	8/1/1996 10:27:00 PM
From: Knighty Tin	of 132070

Mark, I think this is just another suckers' rally in the tech bubble. We've seen a lot of them in the past year. Remember, we are still in a mania where everyone wants to own tech stocks, which is why I only buy puts on up days. But I'd much rather buy puts on stocks at 50 than at 30, so I enjoy the SRs. They will end some day when the bubble pops, but we are still in it. Just look at Micron. A point up and everyone wants to buy it again. Bubbles are like that. Folks don't use their common sense. MB

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