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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (6916)12/11/1996 2:22:00 PM
From: space cadet   of 132070
 
Mike, I just got into the ALTR game with March puts. Hopefully that's enough time for people to stare at its P/E and come to their senses. Are you into ALTR yet, or still waiting? Also, what's your opinion on ENCD and ADPT? I'm trying to get puts on ADPT but haven't succeeded yet. It looks outrageously priced and toppy to me. Except for ASND and MSFT II (i.e. CSCO) the comm stocks are now well off their highs. I'm waiting for the same thing to happen to two other sectors one of these weeks, namely the Y2K stocks and the software stocks (i.e. PSFT, BMCS, etc.) Have you had any divine dreams about when either of these eventualities will eventuate?
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