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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (32702)9/21/1998 5:00:00 PM
From: Giuseppe Scalamogna  Read Replies (1) of 132070
 
Hey Mike,

Long time no see, at least in my definition of relative time. I'm glad to see you have prospered in this falling of the cliff market. I know you like the biotechs so basically I wanted to ask if you ever play these puppies with in the money LEAPS for some added leverage. I still own a boatload across the whole industry including GZTC, HIV (Great Marketable Ticker), CNTO, GENZ and NXCO (dumping it before they got acquired. I was considering a LEAP on PGNS, I'm not sure if you're familiar with it but the insiders have been putting their money where their mouth is and have stepped in and bought a decent load of the stuff over the past couple months. Also, have you been selling any short-term calls in here? Might as well suck the bulls dry while we have the chance. Your insight is always appreciated.

Best Regards

GS
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