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: The Perfect Hedge who wrote (31586)	8/26/1998 5:30:00 PM
From: Knighty Tin	Respond to of 132070

BB, Hot should fall like Ciena. I was shocked that it went up today when they announced that they have to start paying taxes and are reorganizing as a Class C Corporation. Folks, that is a 30-40 pct. cut in whatever eps they might have been reporting. Other than the end of the tax scam, I think the hotel bubble is just about over. And they are leveraged out the wazoo. I am not buying any more until they get to $45. I have a third left, but they are Septs and I am not recommending buying near term. I will be looking 4-6 months out. MB