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


To: geewiz who wrote (63975)7/4/1999 3:55:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Art, I am only up 3400% on MU this put cycle (which started in late 1995), at least until Tuesday. <g> At the moment, I am sticking with Julys. I have profits in the 45s, but not a quadruple and I expect some common sense to appear before perspiration day. If not, I'll just reload with Septs, which will cover this quarter's huge loss report.

I am currently out of the outsourcing puts. I got creamed on them, despite the fact that each firm reported lousy eps. C'est la guerre. I see eps growing, albeit slowly and in no way enough to support huge multiples, but enough for the herd to buy the stocks, so I am playing where the money is easier.

Just a coincidence when the bankers are the only ones recommending a stock. <g> Love it. Gretchen has a way of saying much with few words.