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

To: Knighty Tin who wrote (30437)8/1/1998 2:39:00 AM
From: PaperChase  Read Replies (1) | Respond to of 132070
 


MB. I will now concede on the TLAB/CIEN "greater fool theory" approach to
investing.

Here is my reason why you should not have bought those profitable puts on
CIEN. <G>

Message 5237330

So much for my momentum trading strategy. My fundamentalist view seemed correct though. I didn't buy TLAB and have traded the second string player ADCT.

Just remember you can't keep a good manic market down. If a money losing
dog like MU can fetch $30 in this market then TLAB is "good fer" $85 again.
How's that for my investing logic? It sure is better than Wall Street's logic.
<g>



To: Knighty Tin who wrote (30437)8/1/1998 5:58:00 AM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
Interesting reading: Study Considers Worst Case If Asia Collapses

washingtonpost.com

I don't really believe that the collapse of Asia into a depression would have such a "little" affect on the U.S. economy.


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