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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (27056)	12/8/1998 11:39:00 PM
From: Robert O	Read Replies (1) \| Respond to of 70976

A little OT Please do the human thing and just shoot me. Since posting this follow-up: You could have purchased Komag for 2 1/8. Today's closing is 4 13/16 (closed at 5 a week ago after earnings news really sunk in). That's a 75% return if bought day of post at 2 3/4 and 135% from low buy in. Komag closes today at 9 5/8 ugggggg a 2 1/2 bagger in NO time. Even a 100% return from my post bemoaning my "missed opportunity." As u implied at the time, all the justifications in the world plus a buy order gets you the stock. I think the market really punished companies that were heavily into Asia at the time and Komag even flirted with collapse due to a shortage of cash. Seems market tends to severely over-sell when even the tiniest specter of bankruptcy appears. Could be the beginning of a 98.6/1.4 type strategy with 1.4% in near BK situations ;-) RO P.s. I believe Sprite is owned by Coke, beware.

To: Gottfried who wrote (27056)	1/9/1999 4:12:00 PM
From: lizardK	Read Replies (1) \| Respond to of 70976

Tony:<<Judy, >>>>Whew! At least AMAT is not on Mike Burke's list of stocks to put." Judy, Whew, at least INTC is!>> Tony, LOL!! Jeff On Dec 8 I asked the question: Question: Who is Mike Burke and does he/she deserve to be paid any attention? Gottfried kindy responded: noah, go to the thread called "Ask Mike Burke" and decide. G. [end] So I did and found among the thread as follows: To: +Michael D.Burke (38411 ) From: +Michael D.Burke Monday, Dec 7 1998 2:41PM ET Reply # of 42837 To All, Portfolio Notes: I have some reports on the puts I ordered today. If the stocks continue to work higher, I will buy more. Here are names, symbols and shorthand reasons. 1. Fannie Mae March 60s. FNMOL. All Time High. Leveraged like a hedge fund. The spread is narrowing between what they receive in interest and what they pay. Invested in crappy mortgages. Has fallen apart during every down move in the past. I hate their slimy guts. <G> Seriously, I hate Freddie Mac even more, but it was up today and we all know that I buy puts on up days. 2. First Onion Bank April 55s. (FTUpk). All Time High. Spread weakening. Every one I've ever met from this bank was a dum-dum. Perhaps that says more about the type of people I meet, but still.... Trying to get bigger for no special reason. Sucking off the Fed interest rate cuts and I think we are at or near the end of that game. Cheap puts. 3. Novellus March 40s. NLQOH. If I have to tell you, invest only in money markets. <G> Sadly, not at an all-time high, but too high for anybody with an IQ above room temperature. This is not only a co. in a lousy industry, IMHO, it is a lousy co. in a lousy industry. 4. CDW Computer Centers April 75s. (DWQPO). All time high. Vulnerable to Compaq's direct order system. Flying high on seasonal factors when muscular competition is about to eat their lunch. Many of us remember the coup a couple of years ago on CompUSA, where the analysts and the bulls said everything was wonderful. But when we visited stores in various parts of the country, nobody was buying computers. Same sort of story, except an even higher pe ratio. 5. Intel April 85s INQpq. I don't believe the turnaround story. I believe the seasonal uptick and I believe that CPQ had a lot of new orders for its direct division. But nothing long term at this trading sardine hitting a new all-time high. A huge # of Xmas lies probably means the insiders want out now. I will report on others if and as the market moves up. MB Current prices are as follows: FNM = 72 5/16 FTU = 65 1/16 NVLS= 65 9/16 CDWC= 107 15/16 INTC= 129 11/16 If anyone followed his advice, time is running out on these positions and these positions are in a world of hurt!!