Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Knighty Tin who wrote (27679)	4/24/1998 2:49:00 PM
From: Jeff Leader	Read Replies (1) \| Respond to of 132070

MB - looks like Netscape is trying to make waves in the search engine business: biz.yahoo.com I wonder if comments like 'We've introduced so many people to Yahoo! we think it is now time we started introducing people to ourselves,' will finally put a dent in the Internet bubble?

To: Knighty Tin who wrote (27679)	4/27/1998 10:50:00 AM
From: Knighty Tin	Read Replies (5) \| Respond to of 132070

To All, It's a beautiful day in the neighborhood here in Bear Chip, Texas. <G> 1. My financial put play is working like a charm. I received an E-mail after my April 1 piece on The Internet Financial Connection from a guy who told me I had lost my guru status by saying that the banks and brokers were overpriced. He called that one of the all-time bad calls. Chase is now 10% below where it was at that point and Merrill 5% below. Citi is the only one I have played that is still above water. But some readers have no patience. And, truthfully, I would not have made the call at that time had I known that Sandy was going to bid for Shi-tyCorp the next day. <G> Still, way overpriced is way overpriced and most of these dogs came to daddy in less than a month. 2. The best comment in Barron's this week is in the letters section, and, no, it is not a letter from me. <G> A writer mentioned that the Citigroup deal was like paying $50,000 for a dog. But using two $25,000 cats as the currency. <G> Sadly, after throwing out that great line, the writer somehow concluded that the deal was a good one. Say What!!!!! 3. IBM is working its way back down. 4. Barron's had an "on the other hand" piece about palladium this week. Some of it was a non-event for those of us who own Implats and Stillwater. Their comment was that electronics (40% of demand) and auto cos (20% of demand) were switching away from palladium as the price went up. That sounds bad. But what are they switching to? Platinum and rhodium. Beat me with a wet noodle. I would really hate to see the price of those two metals go up. <VBG> They also mentioned the rumor, which I hope I started <G>, that Russia may not have the quantity of metals stores so many believe they have. 5. Who predicted that used home sales would be down this month? Were they idiots? (Rhetorical question) This is worse than when we toured the computer stores to see real demand and supply. Homes are selling like hot cakes and everyone in the world knew it other than the economists. Look out your window the next time you drive to work, economists. Good luck, MB