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


To: valueminded who wrote (74703)1/28/2000 8:53:00 AM
From: Thomas M.  Read Replies (1) | Respond to of 132070
 
James Grant is interviewed this week on Wall Street Uncut: wallstreetuncut.com

In last week's interview, Gail Dudack noted that IBES (whose entire business is compiling earnings estimates) recently stated in effect that earnings don't matter any more.

Tom



To: valueminded who wrote (74703)1/28/2000 10:35:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Chris, You can get info on GSF and AOF at 800 247 4154. DSI info can be had at 800 373 9387. In both cases, make sure you give the boneheads at the other end of the line the exact names and emphasize closed end funds, as both of these fund cos. have open end funds with similar names.

GSF is the most risky of the three funds as it uses leverage to boost yields. And it has the worst record. AOF seems to be the safest, and has the highest returns, two factors that often go together in bond funds.

I was talking about GZTC as I had sold my last third of shares at the top and am eager to reenter at a lower price. GZTR never reached the point where I wanted to lift even one third, though it did have a nice run for a day or two. <g>

Buy calls on Dell? Obviously, if you like gambling, that is a possible play. I always go with the reality of the co's situation, which is deep problems, and the fact that the big institutions will now unload this former growth stock on any bounce.