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

To: Nadine Carroll who wrote (87846)1/3/2001 2:30:54 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 132070
 
nadine, mike is placing a small bet that the numbnuts run it up again b/c of some dumb event like today. i really don't think he's buying calls b/c it is undervalued. it ain't.

mike's playing psychologist, not rational investor, imho.



To: Nadine Carroll who wrote (87846)1/3/2001 5:28:59 PM
From: Knighty Tin  Respond to of 132070
 
Nadine, Nah, you are just betting on it getting a 50% profit margin on those sales with rapid growth, which many embryo tech and biotech cos. achieve. Not as many as are already priced as though they will ahieve it, not even close, but some do. And now we can't buy them for a measely 30 times sales. <g>


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