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

To: Knighty Tin who wrote (65796)	8/5/1999 9:41:00 AM
From: Eggolas Moria	Read Replies (1) \| Respond to of 132070

It's getting ugly out there. internetnews.com

To: Knighty Tin who wrote (65796)	8/6/1999 12:28:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

To All, we had an interesting day yesterday. Not interesting enough to keep me away from the race track, but still interesting. Stocks rallied because a financial institution is having liquidity problems related to derivative scams. That is similar to London real estate rising in price because of an outbreak of The Black Plague. <g> The theory of the brain dead is that the Fed cannot raise rates because the financial sector is about to go belly up. I would concentrate on the second part of that equation in an economy and a market built totally upon debt. <g>

To: Knighty Tin who wrote (65796)	8/6/1999 1:52:00 PM
From: PaperChase	Read Replies (2) \| Respond to of 132070

>>Somebody seems to be spraying some "price be gone" on both Ancor and Brocade. I still like them and if they fall another 50% or so, will repurchase one or the other. << Whoa, obviously you don't know much about Ancor. If you bought Anchor at even a 50% discount to today's price, you would still be considered a wild speculator...almost as if you were daytrading MU. <G> Oh my. Buy the real leaders at even a 25% discount to today's price and you'll do better than owning ANCR. Then again, this whole group could be the next gambling replacement for the internut stocks.