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

To: Knighty Tin who wrote (69493)	10/24/1999 9:16:00 PM
From: umbro	Read Replies (1) \| Respond to of 132070

Mike, is it too late to short INKT-y-pooh? Got clobbered on a downgrade. Folks seem to be figuring out that there's no big monopoly on web caching ... but with these 'net stocks the realist and his money are soon parted. <g>

To: Knighty Tin who wrote (69493)	10/25/1999 1:44:00 AM
From: Simba	Read Replies (1) \| Respond to of 132070

Mike: A Nobel laureate is predicting DOW 15000-20000 in 3 years! Your comments ? cbs.marketwatch.com

To: Knighty Tin who wrote (69493)	10/25/1999 6:17:00 PM
From: Terry Maloney	Read Replies (2) \| Respond to of 132070

Michael, re. Gateway and puts, etc ... Given the impossibility of knowing just how long they can continue to sleaze their way through, I'm wondering if it would be a worthwhile strategy for someone who has less reason (me, for instance ;-) to trust their gut instinct to just go for it now -- cheap puts, fairly far out -- and wait? For instance, the Mar 37.5's are 3/4 asked. If the stock were to revisit it's 52 week low, that would be a seventeen-bagger or so. If the stock hasn't blown up by March, just do it again, and get an eight-bagger with Aug puts, etc, until it does blow up. The risk, I suppose, is that the stock never does, it just slowly bleeds to death ... Regards, Terry