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

To: yard_man who wrote (37942)	12/2/1998 11:54:00 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Tip, Mortgages are horrible investments. When you are right, they are short term notes. When you are wrong, they are long term bonds. I do not think FTU's are any worse than anyone else's. I just think it is an awful asset to count on for performance. Providian is too popular a whipping boy for me. I dislike it, but it always pops up as a target. I prefer the ones that others consider sure things. The credit card cos have already been hit hard. I also plan to use the derivatives banks, which are mostly money center. After the BT deal cools a bit. MB