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

To: Knighty Tin who wrote (66638)	8/23/1999 10:52:00 AM
From: Knighty Tin	Read Replies (4) \| Respond to of 132070

To All, In "Devil Take The Hindmost," the description of The South Sea Bubble sounds so much like our current bull market that it is scary. Folks were going around touting the idea that the higher stock price is the key to profits, not operating results. Sounds familiar. It also seems that this is where the options for salary scam got started and where our investment bankers learned about luring suckers into a worthless new issue. Gotta love this book. Nearly every bull quoted from the 17th and 18th century manias sounds just like SI's bull contingent. <g> "Few men who follow reason's rules, Grow fat with South Sea diet, Young rattles and unthinking fools, Are those that flourish by it." Edward Ward, "A South Sea Ballad."

To: Knighty Tin who wrote (66638)	8/23/1999 3:39:00 PM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Mike, I think the question mark about distance and the abundance of early speed in the race is why she went off at 12-1. I thought the risks were overblown because she seemed faster than most of them and a couple of others were rated in the past. My experience has taught me that a lot of the time that you think there is going to be a duel or fast pace (and so does everyone else) there isn't. And some horses that have never rated before demonstrate that they can when confronted by an extreme pace situation. I thought the odds board reflected a duel as a lock. Had the odds board reflected no possibility of a duel or rapid pace I would have went the other way. Wayne