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


To: HH who wrote (28863)6/5/1998 1:10:00 PM
From: yard_man  Read Replies (1) | Respond to of 132070
 
Put me in your camp. As Shultz used to say, "I Knoooow nuthinggggg!"

Waiting for 10,000 or until all my current puts expire worthless before getting any more. It's just plain nutty.

I guess this is all that matters:

biz.yahoo.com



To: HH who wrote (28863)6/5/1998 3:27:00 PM
From: Knighty Tin  Respond to of 132070
 
HH, It is so nonsensical I would laugh if I didn't have to cry so much. <G> A co. comes out with a warning that not only they will miss eps estimates, but they may post a loss. Of course the stock rallies strongly. It is not like this market has any relationship to earnings and growth prospects, anyway.

I've said this before and I am sure that most here are sick of it. But this too shall pass. Buying stocks because they are doing poorly in their businesses has to be a short term strategy. Many folks think they are being contrarian, but you are only being contrarian if the stock price got wacked on the news to a level where you think it is undervalued. I hope nobody thinks that at these lofty prices.

MB