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Politics : Ask Michael Burke

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To: upanddown who wrote (33624)	10/9/1998 10:03:00 AM
From: Knighty Tin	Read Replies (1) of 132070

John, You are welcome. I had a measely third of puts on CCU. I was just about ready to pull the trigger on the second third when they crashed and burned. But, this is another gift that keeps on giving. I would call that a triple. Yes, you do get four times your money back, but I don't count the actual money you paid as part of the profit calculation, though there have been many times when I've been happy just to get it back. But sometimes I do count it through carelessness, especially when the returns get up in the stratosphere. At that point, who cares if it is a 900%-er or a 1000%-er? It is goooooood. And so is a three banger. Especially on a stock all the ANALysts loved. I recognize bloated crap so well because, in the words of a former girlfriend who is still a good buddy, sort of, it takes one to know one. <G> MB

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