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

To: Joan Osland Graffius who wrote (69014)	10/12/1999 5:34:00 PM
From: Michael Bakunin	Respond to of 132070

Forbes article, plus the usual optimism. Announcement expected Friday, plus Intel's SMP 840 chipset is not (supposedly) having trouble with RMBS. I think the scam (i.e., ludicrously overpriced stock) is still in place, but I sold out my puts around 60 in anticipation of just this turn of events. I could be wrong, but I expect another pop or two on these announcements. The big decline begins when products are on the shelves, just before it is apparent that they're not selling in sufficient volume. -mb