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Politics : Ask Michael Burke

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To: novice investor who wrote (37697)11/28/1998 12:29:00 PM
From: Knighty Tin  Read Replies (3) of 132070
 
NI, See my note to Tip above. The internut stocks are not real and the manipulators have a lot of suckers on the hook. I have not bought puts yet as I think the manipulation will last for a while.

Some internet stocks have some rationale. AOL captures email addresses. Amazon does indeed get paid for its books and cds, though not enough to cover costs. But eBay is a Big Nothing. NO barriers to entry and better cos are entering. Sadly, they do not yet have listed options. It would be my favorite if it did.

Xcit is my favorite and, along with Lcos, probably be the first I play when I think this bubble has reached maximum expansion.

MB
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