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

To: Knighty Tin who wrote (31890)	8/29/1998 8:00:00 PM
From: Dnorman	Read Replies (1) \| Respond to of 132070

Mike: Are you the same Michael Burke who used to talk about CEFS on Prodigy? Do you think CIEN will go up from the $35 range? Can you tell me what you think it might go to based on the merger being approved? Thanks Dennis

To: Knighty Tin who wrote (31890)	8/30/1998 2:58:00 AM
From: Amir Shalit	Read Replies (1) \| Respond to of 132070

Mike, interesting enough, CNBS turned bearish. <g> I just heard this former prema-bull Ralph B. giving few technical reasons why stuff is bad. Hey, they couldn't analyse sh*t on the way up, why should it change now. <G> I still remember one of the twins wondering why AMAT is going down after beating estimates 2+ years back. It was so dumb that I still recall it two years later. As part of that "great" eps report they mentioned BtB of something like 0.7 or so. <BG> So yes, we do run into these few used car sales women that tell us that the DOW at 8000 is undervalued but most can only do as mush as follow a trend. BTW, just to remind everyone, I went to close to 100% cash position in 7/97 when the DOW around 8000 based on grotesque valuations. Fundamentals are much worse now. Amir