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

To: cardcounter who wrote (81572)	6/10/2000 3:43:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

CC, You are asking the wrong person, as I have cut down on my reading of outside sources. I have been writing more pieces for hire during the last six months and reading over some of the sold pieces, I discovered that I had taken on the tone of some of the better writers I read. I didn't realize I was that impressionable. So, I have cut back to make certain the buyers are getting MB unleaded. <g> Barron's is good. What else you read depends on your budget. The price is certainly right to read Bill F.'s "The Rap" every evening on SI. And Bill has some of the best stuff in the business in his free pub. Fred Hickey's newsletter, The High Tech Strategist, is also a gem. Jim Grant's writings are great. As are David Tice's. There is also a great stock picker newsletter called "The Short Advantage." The only thing I dislike about it is that the analysis is a bit on the brief side. "The Economist" is also great if you want to give those little gray cells a workout.

To: cardcounter who wrote (81572)	6/10/2000 6:54:00 PM
From: cardcounter	Respond to of 132070

MSTR looks like a strong short. Momentum buyers and covering shorts added $3BLN in market cap in one week on rumor that $100 MM of Convertible Preferred or Private placement financing had been obtained. You can imagine how much that financing would cost if obtained. The big gap down on the chart in mid march was a result of MSTR's improper revenue recognition in violation of GAAP. More shareholder lawsuits than you can shake a stick at. MSTR is an enterprise software firm . Comparables are (according to Bloomberg): Computer Associates (YTD return -16%) BEA Systems(YTD return 16%) BMC Software (YTD return -44.6%) Compuware (YTD return -63%) Novell (YTD return -77%) Peoplesoft (YTD return -31%) I2 Technologies (YTD return 37%) I'm developing an earnings model and will post later if anyone's interested in this...