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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (35725)11/10/1998 11:05:00 AM
From: Lee Lichterman III  Read Replies (2) of 132070
 
What do you make of KEA's weakness thus far. This has been my favorite stock for over the last year. I flipped some calls back when you said you were buying and then re-entered last week. It is very un characteristic for it to be lagging like this. I just saw a large block go across at the ask. Is it just resting for a pop soon or is it still being viewed as a Y2K only play? Their latest aquisition released 900K shares on the market, could this distribution be holding it back temporarily. This is my only long and I am trying to figure out if I should add here or just sit on what I have. I bought shorter term than usual (Feb) and would love to have some extra cash for our usual favorite puts by December (IBM, MU, EBAY etc)

Lee
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