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

To: Knighty Tin who wrote (94609)	2/22/2002 10:11:47 PM
From: Terry Maloney	Read Replies (1) \| Respond to of 132070

KT, rotfl ... <g> Speaking of real stiffs, how do you rate Canada's team in the hockey finals Sunday?

To: Knighty Tin who wrote (94609)	2/22/2002 11:15:32 PM
From: Petrol	Respond to of 132070

haha Good one!

To: Knighty Tin who wrote (94609)	2/23/2002 10:13:31 AM
From: Joan Osland Graffius	Read Replies (3) \| Respond to of 132070

All, We must now be deep in a new phase of this bear market. Heard a couple of folks on television yesterday that are publicly communicating they have given up on the NASDAQ. IMO, Janus buying MO and Berkshire is also an indication that this phase is in full swing. Is this going to generate a crowed trade in the stocks with names that people recognize? Some of the people that I am associated with have now sold most of their techs except they are still holding IBM. The names they have bought are Fred and Fran, MO, Starbucks, Nextel, HD, Best Buy, etc. Had some calls wondering if they should buy Medtronic. Their purchases have been at prices which is at the top of the current trading ranges for these stocks. Don't know if these folks are a good sample of the population at large, but if this goes on for a while my Freddie leaps could be toast. <g> A question I have is, what is going to happen for these stocks to get to fair value. One thought is American companies are up to their ears in debt and a credit crunch could cause some problems with well known names, "like bankruptcies". Some other thoughts are the consumer quits spending or the housing bubble busts because the unemployed walk away from their home payments. This current phase could take a couple of years to wind down. Any thoughts out there? Joan

To: Knighty Tin who wrote (94609)	2/23/2002 11:56:28 AM
From: Knighty Tin	Read Replies (4) \| Respond to of 132070

To All, Has anyone read Michael Moore's new book? I haven't, but I saw him on The Daily Show yesterday and he made some damaging claims, which, if untrue, are pretty scandalous. Such as: Ken Lay actually had an office set up in The Dubya White House. After 9/11, when all planes were grounded, Dubya allowed a Saudi jet to evacuate the Bin Laden family, much to the chagrin of the FBI, who wanted to question them. That the Bin Laden family funded George Senior's first co. That Cheney conspired with other Texas oil cos. to cause the power crisis in California. If he's just selling books with this stuff, I'm gonna kick his butt. If he's telling the truth, we are in deep kimshee with these guys in The White House.