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


To: Knighty Tin who wrote (34263)10/20/1998 7:41:00 PM
From: bob s  Read Replies (2) | Respond to of 132070
 
MB-Index Puts
If I didn't want to go with a specific put geared toward a stock or niche index which broad based index seems to be the most overvalued?
Thanks in advance-Bob



To: Knighty Tin who wrote (34263)10/20/1998 7:42:00 PM
From: yard_man  Respond to of 132070
 
You expect IBM stock to run, even with the cautionary statements by the CFO?

I noticed MSFT abandoned its usually cautionary hyperbole and said estimates for next quarter were too low by a nickle. Man these guys are good at predicting what they are likely to earn, aren't they?



To: Knighty Tin who wrote (34263)10/21/1998 12:32:00 AM
From: J. P.  Read Replies (1) | Respond to of 132070
 
< To all, notes on the IBM joke>

Read your notes, and I agree. But hasn't it been thus for IBM for the last 6 quarters? I thought IBM was a big ponzi scheme to issue bonds and use the money to buy back stock to increase EPS and live off the rise in their own issue because they are having trouble growing the top line with hardware and are relying on service revenue of late.

P.S. I'm glad I didn't follow your negative comments on MER because I've been feasting on the long side after having scooped it up cheap.
Hey man when they call chow time I follow the herd to the mess hall.