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

To: Knighty Tin who wrote (89702)	2/20/2001 10:31:58 AM
From: TRINDY	Read Replies (1) \| Respond to of 132070

Knighty--Now that you have a new moniker and say that you can no longer talk about specific stocks, I was wondering if it might be possible for you to elaborate on what it is that makes for a Michael Burke?. You and Fleckenstein and Hickey have saved me a mountain of money this past year. I was able to play the mania on the plus side and avoid it on the down slide in consequence of what I have gleaned from yours and other writings. However, it remains a mystery to me just what you guys take in as input that enables you to see ahead of the markets. And, if you cannot see ahead of the market, it is hard for me to imagine how you can make money in it. So, what is it that makes for a Michael Burke? Can it be imitated? What is the training? What are the informational inputs? Please be as specific as possible. Leave us with this if you leave us with anything. I allow that it might be an art form, in which case myself and others are at a loss. I have no hope of being a Van Gogh, either. Thanks in advance.

To: Knighty Tin who wrote (89702)	2/20/2001 11:14:54 AM
From: HandsOn	Respond to of 132070

Good shake opportunity on PTEK here.

To: Knighty Tin who wrote (89702)	2/20/2001 11:32:35 AM
From: Thomas M.	Read Replies (1) \| Respond to of 132070

1. What does it take to become a real broker, like you are doing, without going through the sleazy, cold-calling salesman phase? 2. I know you hate buy & hold, but . . . I have never heard you mention anything about small bank stocks. For example, Community Bank System Inc. (CBU) was touted in Barron's last October and then again in the Roundtable. It seems like a cheap, safe stock to hold for the long term. I would guess there are no derivatives shenanigans going on there, but then again they do not have "too big to fail" protection from the Fed. Tom

To: Knighty Tin who wrote (89702)	2/20/2001 12:55:33 PM
From: ild	Read Replies (1) \| Respond to of 132070

MB, What do you think fair value of S&P500 is? I shorted S&P500 and want to place three GTC orders. One order to cover 1/3 at fair value, another to cover 1/3 at 20% below fair value and last order to cover the rest at 50% below fair value. Do you like my ideas? -VBG- The only problem I see is that with my broker GTC orders are for 60 days and I'm afraid my third order may not get executed. -G-

To: Knighty Tin who wrote (89702)	2/20/2001 1:18:15 PM
From: Thomas M.	Read Replies (2) \| Respond to of 132070

Knight Rider, With the optical sector circling the drain here, is Ciena ripe for puts since it hasn't crashed yet? Tom

To: Knighty Tin who wrote (89702)	2/20/2001 1:19:44 PM
From: HandsOn	Read Replies (1) \| Respond to of 132070

Psst LUMT.

To: Knighty Tin who wrote (89702)	2/20/2001 3:13:59 PM
From: ild	Read Replies (1) \| Respond to of 132070

It looks like Roach is reading this thread I’ve always been amazed in this new era of free-market economics that financial markets have essentially ceded control to the authorities in determining the most complex market-clearing price of all -- the relative value of foreign exchange rates. msdw.com

To: Knighty Tin who wrote (89702)	2/20/2001 4:49:16 PM
From: Kapusta Kid	Read Replies (1) \| Respond to of 132070

Barton Biggs on Japan: In all my many trips to Japan, I have never experienced such doom and gloom as I heard last week. Shorter-term vicious cycles of recession and a sick banking system intertwine with even more virulent secular vicious circles of deflation, leverage and demographics. A new banking crisis could occur any day. No one should expect any help for the world economy from Japan. On the other hand, I believe Japanese stocks are undeniably the cheapest in the world. All the "contrary" indicators in terms of sentiment and asset allocation ratios are flashing green. Both Japan's economy and stock market are at almost exactly the opposite ends of the boom-bust cycle as America's. Japan has always responded powerfully to great dangers. I don't see big risk in the market from these levels unless the world falls apart. For those that have to be somewhere, I would be equal weight to the MSCI index with the objective of cutting back if the Nikkei approached 16000. Hmmm. Problem is that I make the chances of the world falling apart about 9-2 against.

To: Knighty Tin who wrote (89702)	2/20/2001 5:16:25 PM
From: Freedom Fighter	Read Replies (2) \| Respond to of 132070

It looks and feels real ugly out there in stock land. Wayne

To: Knighty Tin who wrote (89702)	2/20/2001 6:13:42 PM
From: Doug Millan	Read Replies (1) \| Respond to of 132070

Knighty, I'm curious as to your opinion on BRCD results tomorrow given Finisar's comments this afternoon. In the conf call (unless I'm butchering the words and spirit of the CEO, which is very possible) Finisar noted several of their customers guiding their expectations lower across the next 2 q's, and that's the explanation for flat revenue growth for Finisar over the same timeframe. That has sent Finisar down to 13 and change after hours, and I'm wondering if one of those customers might just be BRCD. Best, Doug