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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (35725)11/10/1998 4:31:00 PM
From: PaperChase  Read Replies (1) of 132070
 
MB. It must really suck to be Bill Fleckenstein and see MU in the 40's. Bill always said in his column that stocks go down a lot faster than they go up. But I think this lastest bull comeback rally pretty much destroyed that fine logic.

Since Intel is investing in MU, then the bulls will ride this news for the longest time. If you were outright short MU like Bill is, how would you contain the damage? Do you think he was smart enough to buy calls as a hedge?

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