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

To: mishedlo who wrote (88332)	1/11/2001 11:13:10 PM
From: Knighty Tin	Respond to of 132070

M, You are confusing internut business fundamentals with their stock prices again. <g> RIMM will go up and it doesn't matter that the customers have service delays. Ebay went to the moon after they had gridlock. Then, when the Queen of the Net said it would never happen again in the life of Ebay, the stock did it again two weeks later and went up again. That business stuff is just background noise for a rising stock. I was kind of surprised that Rambus's eps were not much worse. I know we disagree on this one and I am not really sure how the legal stuff will shake out. I still feel that somehow, in order to prosper, the DRAM industry will find a way to shake the Rambus monkey off their back. I noticed "end of the bear" interviews on CNBS today. One was Dick Hoey, who is a guy I know and like. He isn't being manipulative; he is telling it the way he sees it and could be right or wrong. But why he happened to get an interview this morning when the other bulls were also on throughout the day was a bit of a manipulation by somebody. However, I have to give CNBS some credit after years of throwing bricks at the tv. Mark Insana, Joe Kernan, and Da Brain and the woman all mentioned this morning the names of some analysts who were bullish and missed the mark by a mile. ABN AMRO was one who was raked over the coals for putting a strong buy on Yahoo in the 60s and a sell today in the low 20s. True, ABN AMRO is not exactly Merrill Lynch, so it didn't take a lot of courage, but at least they said something about a bull as opposed to poking fun at a bear. BTW, can somebody tell me how buying in the 60s and selling in the 20s makes an investor money? Unfortunately, CNBS ruined this feeling of comaraderie I had with them by quoting Dan Nile's bearish position on chip stocks without mentioning how bullish he was when any idiot could see the industry was falling apart. Robber and Steals From Them is not a giant, either, so they should have stepped up to be counted. BTW, CNBS making fun of any tech bull is somewhat of a bullish indicator. One in a sea of bearish indicators, but still a twig for thinking bulls to grasp at.

To: mishedlo who wrote (88332)	1/12/2001 12:49:43 AM
From: marginmike	Read Replies (1) \| Respond to of 132070

Its funny you mention this, because Qcom was in the 100's a week before expiration last month. Its max pain was 75, people said no way we get all the way there. We hit 79 the Monday of expiration and closed the week at 82. I agree with your assesement and would love the OPP to short RIMM at 75.