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

To: Knighty Tin who wrote (36397)11/16/1998 6:18:00 PM
From: upanddown  Read Replies (1) | Respond to of 132070
 
Mike, I'am curious as to how you handle a play like FLC. It has to be very undervalued compared to the general market
current PEG value....
stockselector.com

but the sector and oil prices currently suck and look bearish for at least the rest of the year. Do you do anything to protect your downside when you are long and like the stock but it is currently going against you ? Do you box it, buy puts, sell calls or do you just pursue a thirds strategy and buy more if it continues to fall ?

Thanks,
John



To: Knighty Tin who wrote (36397)11/16/1998 7:01:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 132070
 
Mike, read today's market rap by Fleck. Interesting to note that in an analyst meeting Intel taunted Kurlak and Merril Lynch, much like Paul the A'hole taunting you here. The other day, apparently Dell cut Ashok Kumar off the conf call 'cause he expressed caution on Dell out look. Bizzare times!


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