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Politics : Ask Michael Burke

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To: michel petit who wrote (59207)5/13/1999 11:49:00 AM
From: Michael Bakunin  Read Replies (2) of 132070
 
As I've posted before on this board, London Pacific was a value play when I bought it for the dividend. When it turned into the "next CMGI" a few weeks ago, I sold. $27 (or $34, where I sold it, or wherever the daytraders have it today) is not the value of the financial services business, which I bought for well under $15. Don't fool yourself about what you're buying: you're buying an internut. -mb
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