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

To: Knighty Tin who wrote (73120)	1/9/2000 1:13:00 PM
From: re3	Read Replies (1) \| Respond to of 132070

maybe a silly question but how significant is insider buying in a closed end fund ? i'd rather see the insiders of au, gold and dbrsy pony up, no ?

To: Knighty Tin who wrote (73120)	1/9/2000 3:54:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

mike, amazon won't be able to sell products w/ b&n selling at a loss? you mean amazon's losses will begin to decrease? ;-)

To: Knighty Tin who wrote (73120)	1/9/2000 4:40:00 PM
From: Brian Moore	Read Replies (6) \| Respond to of 132070

As a senior software consultant who works at the corporate HQ of Fortune 500 companies, I have to disagree with the strategy of buying puts on software / computer / web companies. 2000 will be a year of explosive growth, particularly for Internet and web companies. In 2000 corporate American is going to jump on the web like they never have before. Anyone who reads the leading weekly magazine for corporate software managers (ComputerWorld) knows this. In interviews the leaders of large and mid-size companies discuss their plans. I personally believe that people who talk about "dot.com" companies that have "no profits" are clueless about what's really going on. New companies often don't have profits right away. Look, for example, at how long it took before the USA Today newspaper had profits. They published for quite a while before that happened. People who point to new companies and tell us they don't have profits aren't telling us much. Not every new web venture will succeed. But this ability to connect computers via the Internet is a huge revolution. Still, some people don't get it. Only a few months ago one commentator wrote, "the Web is real." Well, duh! Amazingly, some people are only just now figuring this out, while others are still in the dark. Especially clueless is Barrons, a bunch of the most smug and yet uninformed people I've seen. Their lead editorials by AA just reek of a know-it-all attitude. They think they are soooo smart, but they are actaully soooo uninformed. How ironic. The proof is in the pudding. Over the last five years they have missed the investment opportunity of a lifetime. Now they are about to miss out on another great year. Buy puts? This year? You've got to be kidding.

To: Knighty Tin who wrote (73120)	1/9/2000 8:44:00 PM
From: bob s	Read Replies (1) \| Respond to of 132070

MB-I believe you are down on Asia but what about Latin America??? Which countries look the best??? Also I may have missed your prior comments on LU so could you give me your latest thoughts?? TIA Bob

To: Knighty Tin who wrote (73120)	1/10/2000 9:24:00 AM
From: Eggolas Moria	Read Replies (2) \| Respond to of 132070

OK, I'll admit that this one is a bit strange for a value type, but I've owned it for some time after reading about it on another message board - TMF. biz.yahoo.com It is very rarely that I invest with a belief that a company will change the world in my lifetime. Without regard to valuation, I did this time, fully expecting the possibility that it might go completely bust. If you haven't followed what is happening in the area of genomics, start doing so. If not for investment reasons, then because it will undoubtedly change the face of medicine in the coming decades. <off soapbox> This should not be construed as a recommendation to buy any particular company.

To: Knighty Tin who wrote (73120)	1/10/2000 1:00:00 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

To All, Today was the day I started loading the truck with puts. I've been underweighted for a long time and I am sick of biting my lip, fearing the market will move down 70-90% with me holding a third. So far, the wait has been smart, but I CAN'T TAKE IT ANY MORE! <g> Truth be, I was hoping the retards would parade early this week, giving me an entrance point, and they did so with a vengeance this morning. Here are the new adds and works in progress: Intel Feb 70s and 75s. This co. is going to have a rotten quarter and the stock is up. They are fumbling around in Sunnyvale and don't know what they are doing, which, if I remember my days of playing tennis and wrestling kids from Sunnyvale area high schools, that is kind of the way they always are over there. <g> I have been out of MU for too long and bought some Feb 60s. There is no chance for this co. The only question is when the BS ends and reality sets in. Compaq Feb 25s. All due respect to our old buddy, Schteavve, this co. is dead meat and dead meat does not sell for $28 a share. Expect a stake through the heart this quarter, as business computer sales are death on a stick and retail sucks and Compaq also has specific problems with quality and image in the market place. PG Feb 105s and 110s. They sell soap. Soap is not a growth industry. No way this co. should have a multiple over 20 times with interest rates as high as they are. Nutso stock. Yes, it's safe. So is kissing Aunt Sophie. It just isn't exciting. Solectron Feb 80s. I'm having trouble trading these, but they will soon come true. No boxes being built means no backlog for this co. that has already preannounced and maintained its fluff stock price anyway. Safeguard Scientific Feb 100s. I am having major problems trading these. But I like the concept. As many know, Safeguard and its spinoffs were some of my biggest winners up from the tech stock lows in 1990-1991. I love the co. I love management. I love the stock at $20. $160! Get real. Remember, this stock was under $100 before the Fed cash bash started in November. In fact, it was in the 50s in August. If it goes back there, I'll be verrrry happy. More to follow, but the game is on, Watson.