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Politics : Ask Michael Burke

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To: Ilaine who wrote (38124)12/3/1998 8:46:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Coby, You are now reading "Options By Dummy," which isn't quite the same as for. <G> McMillan is a good first book. Believe me, you don't want any pictures of Mac in that book. <G>

I don't use short ratios much. But I think that means that 12 1/2% of the float is short, which is a lot. Waste Mgt., of course, has been a big disappointment for a lot of investors. I owned a couple of its subsidiaries a few years ago, Wheelabrator and Waste Mgt. Intl. Many folks see the parent as a bankruptcy candidate. WMI has huge interests in Asia, and folks are scared. It is still $47 a share, and I sold it at $36, so I don't see it as bellyup in hindsight. <G>

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