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


To: John Koligman who wrote (78326)3/22/2000 12:05:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
john, dude, only $210 billion? what a laggard! ;-)

seriously (or was i just serious?), i agree. the animals are running the zoo and the zookeeper has opened all the doors and continues to throw in a lot of bananas, if you know what i mean. at the same time he says, "now animals, please stop crapping in the walkways." ;-)

he's amazed when the crap keeps piling up.

anyway, very weak analogy.

all i'm saying is that i'm not playing in the zoo until the banana supply takes a serious hit and some cages get closed.

btw, if you've made a ton on intel (or any other stock), don't get greedy. feel fortunate (you are!) and keep the money.

i sold gztc at almost $28. it promptly went to $50 ;-) on the way up somebody posted that "you have to know when to keep 'em." well, i suppose that person kept 'em all the way down to its current $25. got greedy.

i'm out at $27 and i'm e very happy :-)



To: John Koligman who wrote (78326)3/22/2000 12:37:00 PM
From: Michael Bakunin  Read Replies (2) | Respond to of 132070
 
I still say it'll end in tears -- but that's because I'm an old-fashioned DCF guy who simply cannot make the stock prices of INTC, CSCO and their pals add up to even the most optimistic of expectations, unless you think either that US GDP can grow much faster than the Fed thinks it can, or unless you're willing to accept relatively modest expected returns. Good thing I was able to make biotech fit that model last fall. -mb