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Politics : Ask Michael Burke

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To: Joseph Francis Torti who wrote (52753)	3/20/1999 4:26:00 PM
From: Tommaso	Read Replies (1) of 132070

I bought one put on EBAY because I could not stand to see such an extended, bloated, Leviathan without wanting to get something out of it. If I can get another put for about 40% less than I paid for the first one, I might do that. This is a pure gamble, and I am prepared to lose the entire premium, as I may very well do. I once stood on the prow of a ship as it plowed into hundred-foot-high waves in the North Atlantic (it wasn't really dangerous--but no one else was there) and I sometimes like to do things that I will never again get a chance to do. I wouldn't recommend it as a very rational gamble. I once went on a joyride on an earthmover, a piece of machinery that nowadays costs about $200,000, maybe more. That turned out to be more expensive (inflation-adjusted) than buying this put on EBAY. I hope that nowadays they put key locks on earthmovers--though I have no plans to try it again.

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