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

To: Knighty Tin who wrote (41486)	12/30/1998 12:54:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

I don't usually watch much CFNM or whatever the acronym is for the financial channel, but today --twice-- when I turned it on there were negative discussions going on about the Internet stocks, and a guy from Merrill Lynch was making a very strong anti-Amazon case the other day. The there was that WSJ story this morning. Maybe some of the insiders will listen and start dumping stock. I watched Polaroid go from 145 to 15 (approx.) back in the 70s, and it would be no surprise to see Amazon go from 360 back to 40, though I wouldn't dare put money on that much of a decline. I am regretting now placing a limit instead of a market order on a Yahoo LEAP put this morning, but too often in the past two years I have jumped in with cheerful confidence. Someone is already doing extremely well on YHOO 2001 puts @45 that could be bought in the last few days for under $2.