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

To: Knighty Tin who wrote (32967)	9/26/1998 3:40:00 PM
From: Share-ee	Read Replies (1) \| Respond to of 132070

And, next time, damn it, convince me. LOL!!! I love your sense of humor. Great thread! Sherrie I saw on your profile, you are a Texan. That explains everything!<G>

To: Knighty Tin who wrote (32967)	9/26/1998 4:27:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 132070

MB, I can't say for Ligand but as for NEM, I took your advice and took the yr2000 30s. I used a 1/3 approach but bought the last batch at 1 1/2 which took my basis down to 2. I sold enough yesterday to get back the original nut and still have the profit riding, which in this case turns out to be almost 2/3. So, in essence, thanks for the advice. I found that leaps are much less stressful and on the basis of one trade, much more successful. I think I speak for some others when I say that it is not too difficult to find a good trade, but it is much harder to learn how to correctly play it. Once again, thanks for the 90/10 approach.

To: Knighty Tin who wrote (32967)	9/26/1998 5:00:00 PM
From: baggo	Read Replies (1) \| Respond to of 132070

MB, Do you have an opinion on CMGI as a long term hold? I currently trade this stock and am long OCT calls. Thanks, Brice

To: Knighty Tin who wrote (32967)	9/26/1998 9:01:00 PM
From: bluejeans	Read Replies (1) \| Respond to of 132070

I own both issues, but no calls on them. How do calls fit into your overall system when you own a full position in a stock ? Do you consider the calls different than direct ownership of the stock and do you have the calls in something different than the capital appreciation portfolio? I am curious because of the answer you provided about not purchasing more than a full position in a stock no matter how undervalued it might become. Of course, I have been listening to the Clinton tapes lately.<G> Bob

To: Knighty Tin who wrote (32967)	9/26/1998 9:35:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

mike, i bought the lgndw at $2.50. the same day it dropped to $1.50. but, i feel a little better now. :-) anyway, it makes up only a portion of recent losses in genzl and gztc. ok, mwy and asis. ok, trps, too :-( someone else did the newmont deal. just read that it was midas, aka, papaya king, the guy with the golden touch ;-)

To: Knighty Tin who wrote (32967)	9/27/1998 1:51:00 AM
From: novice investor	Read Replies (2) \| Respond to of 132070

Hi Michael, I believe you were planning to investigate Pathogenesis (NASDAQ:PGNS), have you arrived at any conclusions yet? I own token amount of March call at 32 1/2 and would like to know at what price/time you'd sell it if you had it. I'm also curious to hear your opinion on this article: fnews.yahoo.com NI

To: Knighty Tin who wrote (32967)	9/27/1998 9:04:00 AM
From: don ryndak	Read Replies (2) \| Respond to of 132070

Michael, I would appreciate you comments regarding the use of stock index's especially the Nasdaq 100, as a investment. I am trying to better understand what is the multiplier that is used to calculate intrinsic value of the stocks that make up the index, when compared to the general Nasdaq. I guess what I am really trying to ask is, when the general Nasdaq goes up or down is there a commonly used percentage to calculate the index. There must be a rough number that is used or is it a dollar for dollar, ie. Nasdaq goes up 10 points, Nasdaq 100 goes up 7.50. Would appreciate your input, thoughts and and even strategies if applicable. don ryndak