SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (82100)7/2/2000 12:06:40 PM
From: Mohammed U. Karkanawi  Read Replies (2) | Respond to of 132070
 
Mike,
Something has changed about this thread. It is not as active as it used to be. Is it the market or the posters?
Well, I have the following questions; I wonder if you can give me your opinion:
1- Re AT&T do you think it reached a good price now, $31 13/16? Is it time to buy it?
2- Have you changed your mind about RMBS and MU?
TIA
MUK



To: Knighty Tin who wrote (82100)7/2/2000 2:03:55 PM
From: flatsville  Read Replies (1) | Respond to of 132070
 
Michael--

I'm following a stock tout scam that apparently was
related to the boiler room bust by the SEC several weeks ago.

The stock is EPWN and has had a tic change to X.EPW.

What does the X. denote?

No clue here:

otcbb.com

Has it moved to a foreign exchange?

A lot of little guys lost big money on this one.

[I've been chatting via pm on another venue with a business writer doing some legwork on a story re: this stock. There's a group of private "investors" who pumped and dumped this stock big time. They did it to one of the stocks I was sitting in about two years ago. (Legit company with legit business.) Their pumping and dumping had the stock price gyrating wildly for months. I then made it my business to find out who they were as best I could and keep an eye on them as they traveled from venue to venue. Their big mistake was messing with OTCBB and creating their own website (which is now shut down courtesy of SEC or DOJ?) and leaving a virtual trail through NSOL. They got stupid when they got greedy. They make Tokyo Joe look like an altar boy.]



To: Knighty Tin who wrote (82100)7/3/2000 1:35:40 AM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
Sorry about the virus. You should be able to get rid of it:
getvirushelp.com

-mb



To: Knighty Tin who wrote (82100)7/3/2000 8:20:09 AM
From: gnuman  Read Replies (1) | Respond to of 132070
 
MB, An investment site you'll love <VBG>
"Where there's never a down day." LOL
wallstreetgals.com



To: Knighty Tin who wrote (82100)7/3/2000 9:07:09 AM
From: Freedom Fighter  Respond to of 132070
 
Mike,

Gee Mike, I practically call Goldman Sachs evil on a daily basis and they don't get mad at me. She just trashed the job they do. (bg)

>>>Top Financial News Mon, 03 Jul 2000, 8:57am EDT

Japan Transfers Official in Charge of NTT Share Sale
(Update3) By Jason Singer and Takahiko Hyuga

Tokyo, July 3 (Bloomberg) -- Japan replaced the official in charge of selling a $15 billion stake in Nippon Telegraph & Telephone Corp., two months after she said Goldman Sachs Group Inc. might be barred from arranging the sale.

The Ministry of Finance official, Satsuki Katayama, has been assigned a new job, a ministry official said.

Katayama, 41, was responsible for hiring investment banks vying to arrange government share sales. She is an 18-year Finance Ministry veteran.

Katayama said Goldman might be disqualified from the November NTT sale because of a soured initial public offering it managed in Europe for World Online
International NV, a Dutch Internet access provider. Her comments infuriated the investment bank and led to an unusual clarification by another senior government
official.

After Katayama's criticism, Goldman instructed its senior advisers, including former U.S. Vice President and Ambassador to Japan Walter Mondale, and Mike Mansfield, a former U.S. Senate Majority Leader and also a former Japan ambassador, to write to Minister of Finance Kiichi Miyazawa urging him to ``make a public statement'' refuting Katayama's comments.

Vice Finance Minister Nobuaki Usui later that week moved to clarify her comments, though he didn't directly contradict them.

The NTT sale is expected to yield $244 million in fees to investment banks.



To: Knighty Tin who wrote (82100)7/3/2000 9:51:22 AM
From: accountclosed  Read Replies (2) | Respond to of 132070
 
mb, i know you plan your social calendar way in advance, so set these days and times aside <g>
1. monday 7/10 cnn 6:40am eastern time
2. monday 8/6 cnn 6:40 am eastern time
3. Wall $treet Week friday 8/4 pbs

Meehan appears....



To: Knighty Tin who wrote (82100)7/3/2000 12:54:21 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
To All, I have finally gotten back around to V in the alphabet. <g> Today I bought: 1. Velcro Industries-Velcf. Great products, superb balance sheet, nice investment portfolio, growing like a weed, selling for a diddly-squat PE ratio. My type of stock. On the negatory side, the company is closely held and the holders don't seem to like to bother with the public or analysts much. Also on the negatory side, it trades like molasses. I have been buying for 3 days trying to get a one third position. I'm almost there now, so I'm mentioning it on the thread.

2. Vertical Net Buy Write Speculation. First of all, I like many internut companies. It is their stock prices I hate. VERT has come down a lot. It is still not a value stock, but they have an option that makes me lick my lips in anticipation. I bought some stock and sold some Jan 2003 $40 calls against it. Stock at $37, call at $20, give or take breakage on both. This is in my IRA account and a very small position. In fact, I have a one lot so far, which isn't even close to a full third. But it seems to be a great risk/reward tradeoff. Don't bet the ranch on this spec stock, but the premium is soooooo large.

2. Vignette-Vign is more of a typical income play for me. I am buying the stock at this down draft and selling Dec 55 calls against it. I am also buying farrrrr out of the money puts. The trading is slow, but a nice income play if you can get it done. I reveal this one because I am not using it for my partnerships. I usually only do Leaps for them and VIGN doesn't have Leaps. Also, I tend to like a little more volume in their account than me and the floor. <g>

4. I bought my last third of Ancor-ANCR last week and am punting it today. This stock has been very kind to me. Where is "Pay Per Chaste" when it is time to rub his nose in it? <VBG>