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

To: Knighty Tin who wrote (26572)	3/13/1998 11:34:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

To All, Portfolio Notes: 1. Stillwater Mining (SWC) has finally climbed back above the price at which I bought my original third. Though I am far ahead of the game on the last two thirds, it is nice to see the prodigal son return to a profit. I am still hot to trot on palladium and platinum and think this stock is a good, and, in fact, one of the only ways to play equity ownership of those metals in North America. I still love Impala (IMPAY), but it is a South African co. and some folks are turned off by that. 2. The Chile Fund (CH) has made a steady climb since I reentered it a couple of month's back. However, I expect it to be in the mid-20s within 18 months and consider a 50 pct. payoff worth waiting for in this well-managed economy. CH still carries an 18 pct. discount to NAV and I think that makes it a major bargain. Caveat: The stock still gets hit whenever Mexico, Brazil, or Argentina take a whack, and sometimes even when Indonesia and Thailand stumble. I guess all foreigners look the same to some people. Reminds me of Sean Connery's line spoken to Hercule Poirot in "Murder On The Orient Express." "I give you my word as an Englishman and I expect you to give me your word as, a, well, uh, foreigner." -g- 3. The bulls are being very forgiving of the problems at Compaq, Micron and Texas Instruments. Poor old Atmel, which I have slandered, correctly, for many Moons, was taken out and shot, and they are in a lot better shape than Compaq and Micron right now. Also, Oracle played the "everything but the kitchen sink" game in the previous quarter so they could report inflated eps this time around. If this bowwow climbs back into the mid-30s on this phony eps report, I will reestablish my put positions. Good luck, MB