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

To: Knighty Tin who wrote (40932)	12/24/1998 5:18:00 PM
From: valueminded	Read Replies (1) \| Respond to of 132070

Mike Internut analysts. Pretty soon we will be calling prognostication a science <g> . Maybe a course in astrology is a requisite to being an internet analyst. Anyone can imagina an income stream the question is the business plan required to put it in motion. What a joke. At any rate, I am intrigued that the bond market does not recognize the printing of money. It would seem that the expansion of the money supply would eventually end up in inflation and anyone holding >10yr bonds would be killed. I am confused as to how to best profit from this. Puts seem to be a logical choice and long assets - as mentioned in your artical. That said you mentioned NEM but did not mention HM or ABX. What is it about NEM that you like better than HM or ABX. thanks

To: Knighty Tin who wrote (40932)	12/26/1998 2:06:00 PM
From: accountclosed	Read Replies (1) \| Respond to of 132070

12/26 U.S. SEC's Push for Accounting Changes Already Having Impact on Companies bloomberg.com About time! And let's also focus on employee stock option accounting and selling puts on the open market.

To: Knighty Tin who wrote (40932)	12/26/1998 3:17:00 PM
From: Knighty Tin	Respond to of 132070

To All, Barron's was poor this week. A couple of letters in The Mailbag section were the highlight. Both made fun of the idiotic comments made the previous week by "Queen of the Net" Mary Meeker. One I liked was the guy who wanted Mary to arrange a multi-billion dollar IPO for his co., Sellcash.Com. He is going to sell dollars for 95 cents. Since Mary doesn't care about profitability or barriers to entry, he figured Morgan Stuck Up could raise them a few billion to get started. <G> The Market Watch section was evenly divided for the first time in several weeks. My favorite comments were by John Hussman who considers current money management nothing but gambling with other peoples' money. "Come on 7! Baby needs a new pair of shoes." Great stuff. There was an article about a junk bond guy. The only interesting part is the chart on junk vs. treasury spreads. As usual for a junk manager, he missed the important point that the absolute spread is not the key. A 600 basis point spread is not so high when Treasuries are yielding 14%, but it is extremely high when they are yielding a bit over 5%. For some reason, junk people rarely catch on to this fact. Good Luck, MB