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


To: Skeeter Bug who wrote (25076)12/12/1997 11:23:00 AM
From: The Perfect Hedge  Read Replies (1) | Respond to of 132070
 
Skeets-
would you still be a buyer of MU puts now.I keep waiting for a rally but......
When is NFLI going to report?GD



To: Skeeter Bug who wrote (25076)12/12/1997 9:24:00 PM
From: Earlie  Read Replies (1) | Respond to of 132070
 
SB:
The quiet surgery on most of the estimates for the tech sector reminds me of liposuction! I love the way they are siphoning away MU's estimates....if we wait a week or two more, we may even see that rarest of all Wall Street visions, a forecast of a LOSS!
I hope every member of my own Darth Vader chapter joins you in the MU put option lineup, as I've pushed this one as a delightful low risk situation. I would be very surprised if this stock doesn't see single digits before the summer of 1998.
16 Mbit at $2.00 .......did you ever think you would actually see this in 1997?
Best, Earlie
PS Why does Wall Street pay its analysts to run around closing all those barn doors the minute after the horses, cows and chickens run out and get run over by the trucks on the highway? I can't remember when I ever saw so much of this as has been the case this past few weeks. I stopped counting at 12 analysts downgrading Oracle on "the morning after the night before". What a joke. On the other hand, it does neatly avoid problems with being there too "early" , which I can attest is frequently distasteful (g).