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

To: Knighty Tin who wrote (40288)	12/21/1998 1:10:00 PM
From: accountclosed	Read Replies (2) \| Respond to of 132070

I am still bearish, but like you said, I have thrown in the towel and am sitting on the sidelines. :-) Not fun being in the minority. Message 6919701 MB, they're dropping like flies. Lean against the wind, guys.

To: Knighty Tin who wrote (40288)	12/21/1998 1:45:00 PM
From: Ralph W.	Read Replies (1) \| Respond to of 132070

Mike - In the interests of full disclosure (-g-), per your CSCO,ASND, & MUEI's, which ones did you get? Ralph

To: Knighty Tin who wrote (40288)	12/21/1998 1:49:00 PM
From: upanddown	Read Replies (1) \| Respond to of 132070

Mike On your new put positions, are you going out to Mar/Apr or further out to Jun/Jul ? Thanks, John

To: Knighty Tin who wrote (40288)	12/21/1998 6:51:00 PM
From: Exacctnt	Read Replies (1) \| Respond to of 132070

Mike, Perhaps you were a little early with puts on Solectron. After the close, the news headlines indicate that SLR will be added to the S&P 500 Index replacing Penzoil. That should guarantee a few points to the upside tomorrow. Also, I was a little confused by your comment <<these 3 firms are growing at a rate of 2-7% per year, but selling at multiples of 40-60 times eps. >> Solectron's growth has been much higher. Earnings for the last two years have grown over 20% per year and in Solectron's just completed first quarter results, year-to-year EPS growth was over 42% and quarterly sequential growth was 14%. Revenues increased 71% year-to-year and 15% Sequentially. Solectron's proxy also lists for shareholder approval, an increase in authorized shares for general purposes including sufficient amounts for a spit possibility. In the current market environment, a split may also add a few points to the total stock price. I am long on SLR and have held the stock for years, so I see additional upside for the stock, at least until after the annual meeting which will determine whether or not a split is in the offing. Prior to the recent news which may favorably affect the stock in the near term, I was also toying with the idea of playing puts or covered calls. I will now wait till January. Regards, Bob