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

To: Knighty Tin who wrote (69362)	10/21/1999 12:11:00 PM
From: TRINDY	Read Replies (1) \| Respond to of 132070

Mike, First, thanks for providing sanctuary from all the touting that goes on the investment world. Your comments are therapy for my investment mind, such as it is. Fundamentals rule, eventually. It's difficult to stay alive sometimes while you are waiting for them to materialize and for them to be seen as material. I'm thinking about risking $10-$20K on nuclear winter occurring. I was wondering if you would be so kind to tell me how you would play it. Who to hit and in what proportions. I know your 10/90 strategy, but even you might agree that this is potentially a once in a lifetime happening at present levels of euphoria. Maybe a little deeper than 10/90, possibly? When the touting stops, or at least is no longer being listened to, we could see these tech stocks substantially lower. I guess recovery and Japan and asia and europe is a mitigating factor. But, still, this is ridiculous. Thanks for your help.

To: Knighty Tin who wrote (69362)	10/21/1999 12:38:00 PM
From: John Graybill	Respond to of 132070

Yep, I'm in total agreement on nuclear winter. I'll be selling on Monday -- the day MU speaks at the toutfest is almost always the top, and it's still a big move even if it's off by a day. I have always underestimated the nerve and money available to drive MU. A goal of Tuesday morning's gap at 68 seems ridiculous, but They might just go for it. Note also the new product announcement yesterday, some kind of SRAM. Not a big deal by itself, but that usually means the quarterly/yearly report is coming. In this case, it would be the year-end 10-K to the SEC. Probably best for all concerned to clear the shelves of the overripe MU stock before that hits the fan.

To: Knighty Tin who wrote (69362)	10/21/1999 12:53:00 PM
From: Don Lloyd	Read Replies (2) \| Respond to of 132070

MB - DB 11:28 [GS] GOLDMAN SACHS NAMES 157 STAFFERS TO BECOME MANAGING DIRECTORS. Title inflation prevents wage inflation. -g- Regards, Don

To: Knighty Tin who wrote (69362)	10/21/1999 1:35:00 PM
From: Don Lloyd	Read Replies (3) \| Respond to of 132070

MB - From today's WSJ - A new era puff piece by economist/author Brian S. Wesbury "Have no Fear, Inflation Isn't Here" "...The Internet is not just a new way of doing business; it is a completely new paradigm of economic activity. A brick-and-mortar retail store has a finite capacity for sales, while an online store has infinite capacity..." "... In the new era of increasing returns, a computer is an appreciating asset because every day another software or online application is invented or more information is added onto the World Wide Web. In a strict accounting sense the computer is depreciating, while in the real world it is increasing in value every day..." "...Next week, the Commerce Department will release a major revision in GDP statistics that will include software as an investment. This will significantly boost GDP and productivity statistics..." With a fantasy world outlook like this, the author is a sure CNBC interview. -g- Regards, Don interactive.wsj.com May need subs.