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

To: Knighty Tin who wrote (70495)	11/13/1999 3:25:00 PM
From: Knighty Tin	Read Replies (5) \| Respond to of 132070

To All, Barron's mini review. Lousy issue with Market Watch, a guest article and letters being the only interesting things. 1. In Market Watch, Bob Brinker once again proves why he is the investment world's Dan Quayle. Bob Gaebele finds it odd that all of the chip and chip equipment insiders are selling shares. Big time. Jim Sweeney comments on the market as a Ponzi Scheme. And Richard Russell continues to believe we are in a broad-based bear market. 2. An economist from Pepperdine's Rocky Graziano School of Business, otherwise known as "how to wax surfboards and make a living," and an L.A. broker are the unlikely voices of wisdom in Other Voices. They go through the litany of Greenspan's sins and his eagerness to sell out the long term welfare of the country to please investors today. And, instead of a new era, they see a repeat of the mistakes of past eras. And it will all end in a big bust, so, Anna Nicole Smith, don't worry about your bankruptcy. It looks like your time is about to return. <g> 3. In Mailbag, Victor Eber talks about how greedy folks are the ones who get suckered into scams. The Dow 36,000 maroons try to defend their blah, blah, blah with sophistry. Jim Stack rips their face off in his reply. Robb Coleman applies for the job of Village Idiot. Keith Long tries to teach Michael Santoli, the Striking Price columnist, about the basics of options pricing with a discussion of put/call parity. Santoli responds and proves that he still doesn't get it. David Tice reacts to the slam on him by our favorite cub reporter, Jon-Jon Laing. In all honesty, Laing's slam was nonsensical, as is much of his musings. But Tice's defense was not up to his usual standards. I could have defended his honor much better, though it would have meant Laing losing one eyeball and one testicle of his choosing. <g> 4. Bill Miller shows why Legghorn Foghorn Mason is such a small player in the investment business. His idea that Amazon.Com is not only a great buy, but a value stock, is absurd. But his reasoning speaks of a lousy grade in his college Logic course. Did they have an F- at his school? Anyone who lets this guy manage their money after reading this piece deserves what he gets.