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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (62410)6/15/1999 12:44:00 PM
From: Robert  Read Replies (1) | Respond to of 132070
 
MB --

Any guess at all as to what in the hell is going on with MU? I am currently without a position in the world's greatest POS, but I have my finger on the trigger for some puts and it is getting really itchy . . .

I am just flabbergasted, particularly with spot prices in the $4's. And the way the analysts have quietly cut earnings estimates, again and again, in the last month or so while retaining/reaffirming buy ratings on the stock!

Makes me wonder if it is a losing battle for now? Any thoughts?

-- Robert

P.S. What is your downside price target for RMBS?