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

To: Knighty Tin who wrote (39554)	12/16/1998 12:45:00 PM
From: Lucretius	Read Replies (3) \| Respond to of 132070

more like BRE-X all over again, this time instead of no gold... it turns out to be "it was all a sham! they have No earnings," but wait.. we already know that? so it is worse than BRE-X. At least there, investors THOUGHT they were buying a gold mine. Here, they KNOW they're buying air, and keep bidding up the price of air in hopes that another sucker will pay more ffor air. (G)

To: Knighty Tin who wrote (39554)	12/21/1998 3:22:00 PM
From: Zach E.	Read Replies (2) \| Respond to of 132070

This is Resorts Intl. all over again. (Regarding Amazon.com) What happened with Resorts International? I have heard of it before, was it a giant short squeeze, or what? On another note, you've had a lot of interesting ideas regarding CEFs, how do you find info about them (esp. discount rate)? When you say that a CEF is trading at a discount, that means that if they cashed out all of their positions, it would be more $ than the stock is trading at, right? Seems like it should take a disaster to get the discounts that some of the CEFs sell at... Thanks, Zach