To: Knighty Tin who wrote (97082 ) 1/21/2000 7:51:00 PM From: Road Walker Read Replies (4) | Respond to of 186894
Mr. Burke, re: (to Paul Engel) "PE, Dumb comments from you, as usual." Seeing your post, I was thinking back to when you started posting on the Prodigy Money Talk BB. You have always been a very eloquent and convincing writer, you made a name for yourself on Prodigy, and now on your very own SI thread, "Ask Mike Burke". When I started seriously investing, and reading your posts on Prodigy, I distinctly remember weighing your advice against my own feeble analysis. This was back around 1993-94-95. You were very negative on tech companies including Microsoft, Intel, Cisco. You gave the EXACT same advice that you do now, buy out-of-the-money puts (in 1/3 increments) on these dogs, because they are overvalued and will soon correct to their real value, next to zero. Under no circumstances was anyone to invest in these companies. I was lucky (smart?) enough to decide to ignore your advice. But you had many, many "followers". These were folks that were involved, they wanted to invest and make money, but they listened to Mike Burke. Now, five to seven years later, those stocks that you denigrated have increased ten to fifty times. What service have you done for the folks that listened to your advice, and missed the greatest bull market ever? My take only. You are a person that needs to be attract attention, and you will do anything to that end, truth be damned. It probably doesn't bother you that many people have followed your advice and lost the opportunity to gain wealth. You still have "Ask Mike Burke". It takes all kinds. I wouldn't sleep at night, if I had done what you have done. "Dumb comments", I wish I had a buck for every $1000. you lost for the folks that lost money on your "smart" analysis. You ARE, simply, a jack ass. John