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

To: Knighty Tin who wrote (31375)	8/21/1998 8:46:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 132070

Michael: INCY perked up today after a very bad week, did you happen to pick any up? Also, speaking of biotech, do you happen to follow and have anything to say about aria, tgen, or gztc? I'm in these near recent lows. In the neuro- biological area I have some ntii and sibi--any thoughts?--(besides 'good luck with the darts') I know that is a lot of symbols to throw out all at once, but if you happen to like one of them, sure would like to know. Finally, I bot thirds of EWM and SOA the other day, but the reaction I got on the Asia thread was so bad I quickly turned around and dumped Malaysia, and then SOA today when gold did absolutely nothing. Still too early for the foreign CEF's? I'm still half cash, love to hear what is on your shoppin' list. Thanks!

To: Knighty Tin who wrote (31375)	8/22/1998 11:10:00 AM
From: PaperChase	Read Replies (1) \| Respond to of 132070

MB. Ciena is looking attractive in the $20's for a first third. Message 5562989 I didn't believe for one moment that ATT would select CIEN over the good'ol boys at Lucent. Lucent's 96+ channel DWDM product smokes CIEN's product. As a matter of fact LU's DWDM product smokes ADC Telecommunications' (ADCT) product which hasn't even been introduced yet! I can't believe the street sold CIEN off over this news and I can't believe that my long strangle option play was on TLAB options :-( Oh well, live and learn. The CIEN price movement is likely to be violent over the next month so what do you think about an options straddle on it? Is this a foolish approach? My favorite diversified telecom play, ADCT, posted strong sales this week and posted earnings of 30 cents, beating estimates by 2 cents. I'm proud of ADCT 'cause they are learning from the big boys how to play the Wall Street game. ADCT pulled a signature IBM move and lowered their tax rate by 1% which gave them the 2 cents they needed to beat the street. Normally I would get nervous but since none of the analysts noticed this then I will look the other way too. <G> It's tough being a bull in this market so I continue to look at and buy Nov puts on ADCT to insure my long equity position. The BK is close for the overall market. I feel the static electricity in the air...