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

To: valueminded who wrote (84578)	10/25/2000 10:33:29 PM
From: Knighty Tin	Respond to of 132070

Chris, You are not missing much. FMO is like my previous play on R&B Falcon. I've seen this co. near bankruptcy before, and played it a couple of times for good gains. I am betting that they get well again. So far, lousy bet. But a definite speculation. ASA is dirt cheap. If AG's massive inflating of the dollar to push this market to silly levels ends up with inflation instead of deflation, ASA is a double from here. If it ends up with deflation, the dollar will still go to hell in a handbag relative to gold and platinum, though ASA may not be a double. I love the puts on the piecework cos. However, I still see a pop going into the Xmas lies and see the Nasdaq back at 4000 before it cracks next year. I could be wrong, but this looks like a "buy the dip" game for those who think that fundamentals are people who don't quit the Southern Baptist Church. <g>