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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (61169)6/1/1999 12:49:00 PM
From: Earlie  Read Replies (3) of 132070
 
MB:

There's a bit of a grin at this end over the RMBS news. We had this thing cold and in print months ago. (g)

I just love it that the market has not yet caught on to the significance of this news. Others will follow IBM's lead shortly.

This is one of the best shorts I've seen since MU and IRID. The only downside that all of us must keep in mind is that the short position is significant, and will be a target for short squeezes. That said, this stock is in serious trouble now.

Best, Earlie
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