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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (43724)1/17/1999 3:05:00 PM
From: Tommaso  Read Replies (1) of 132070
 
Here's hoping your April 40s on MU work out. A 50% crash by April, putting MU at 36, would get you five times your money, and any fluctuations in between could get you a quick double or triple.

I think I will buy 2001 LEAPs at 50, which cost more than ten times what the April 40s cost, but which I think have an extremely high likelihood of making me at least 50% on my money. Should MU head into a crash equal to that of the computing stocks of 1969 (80%), and should I have the courage to hold them through the decline, I could well quadruple my money.

However, if you get your five-fold increase by April, I would also have probably doubled my money, which would not be bad.

So all best wishes and power to you. And hopes that my arithmetic is more or less correct.
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