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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (45733)	2/4/1999 10:31:00 PM
From: Dale J.	Read Replies (1) of 132070

Mike, thanks for the response. LMOA, I know what you have to go though, the longs do not want to hear any discussion of overvaluation, creative accounting, company propaganda etc..<G> They believe in overly optimistic estimates and then try to justify the valuation based on overly optimistic projections. Red flags are swept under the rug. Oh yeah and a 2 for 1 stock split beats everything. 2for1 splits=Pandemonium <G> Your puts on CPQ were exceptional well timed. I was a little early myself. But its too early to tell, we can still get hurt if the company officials keep telling everyone that CPQ is now an internet company. <G> Dale

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