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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (48275)	2/22/1999 1:49:00 PM
From: Robert	Read Replies (1) of 132070

MB -- I was wondering what you make of the recent trading in our favorite straw man, MU. I am banging my head against the wall in frustration for not having sold my April puts 8 points lower (and only 3 trading days ago!), but I can't shake the feeling that a big tech drop is imminent. I thought DELL would provide the catalyst for the drop (not even the BK, but just some kind of brutal drop in tech land, even if it is short and sweet), but no dice. I am frustrated and more than a little flabbergasted that we are back to biz as usual in the LSD land of the bulls. I know this probably belongs on the Myth thread, but VALUATION IS A MYTH. <nfg> Any thoughts on when we might see some semblance of a little rationality in MU and the other techs? TIA -- Robert

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