Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Les H who wrote (69878)	11/1/1999 2:43:00 PM
From: AurumRabosa	Respond to of 132070

Interesting article but it ended different than what I expected from the starting discussion of duration. It seems Rutledge is the ultimate dipster. He forgot to mention that their future revenue streams will shrivel up to nothin'. I prefer to buy puts myself. The QUEXU QQQ Dec 125 puts are still available at firesale prices, not the premium, but the potential to get a triple in 6 weeks with nothing more than a return to Oct'99 lows. I added a another slug this morning and the price is holding nicely in today's tight trading range. Those New Era stocks they stuffed in the Dow really lit a fire, didn't they? I think the WSJ editors were acknowledging the fact that these companies are mature and their growth is slowing. E.g., Intel chips are rapidly becoming a commodity and consumers realize they do not need to pay top dollar to get the latest greatest fastest wiz bang PC with a real time universal translator and 3-D CAD capability. I also wonder just how many stores per household Home Depot can build before they start closing some of them. The slightest sign of a recession and HD will be closing stores.