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

To: Knighty Tin who wrote (29431)	6/29/1998 2:22:00 PM
From: Jonathan P. Myers	Read Replies (2) \| Respond to of 132070

Hello Mike - GEMS is approaching the 10s and is getting attractive again - has the fundamental story changed or do you still call it a buy??? Regards, Jon

To: Knighty Tin who wrote (29431)	6/29/1998 3:06:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 132070

Mike, only a few die-hard followers seem to be lurking on the thread. Without the participation of some rabid bulls, sort of same ideas being floated repeatedly. I hate to perpetuate this cycle, but I have limited knowledge about the MBSs. There is an article in today's WSj about the hedgefunds that made big bets in MBSs are hurting very bad. And then I hear this: #reply-5032807 How do you think the hedge-fund activity will effect the market. Judging form the likes of Cramer, I get the impression that most hedgefunds seem to place large bets with the "trend" rather than being "contrarian." In such a case, at some point a steep market drop is going wreck havoc with many hedgefunds, doesn't it? Is the US hedgefund activity big enough to case a market meeltdown? -MMV