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Politics : Ask Michael Burke
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To: BGR who wrote (59851)5/19/1999 8:45:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
BGR, Once again, buying puts is speculative, like buying Dell. Buying puts in a 90/10 is not speculative. You will get it some day.

1. It is one false part of the story. A clever lie to cover speculative excess.

2. The demographics were also true in Japan. And mean nothing when the market cracks.

3. I am quoting the book "The Trouble With Computers" by Tom Landauer. And, of course, several more recent articles that show how technology to make technology distorts the real productivity of the economy. Read and learn. <g>
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