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

To: jim kelley who wrote (41639)	12/31/1998 2:17:00 AM
From: Merritt	Read Replies (1) \| Respond to of 132070

JK: I may be a weak-minded ignoramus, but there are a couple of things that have managed to seep through my thick skull, and into my poor little pea brain. <<<It is a balance sheet transaction. It is not investment income. This is done as part of an authorized stock buyback program. They get to buy back their stock on the open market at a significant discount this way>>> When you sell a put, you are obligated to buy back the shares at the strike price. The purchaser of the put isn't required to sell you that stock at the strike price. We're all ignorant about something, and it's no sin. To willfully persist in one's ignorance is stupidity.

To: jim kelley who wrote (41639)	12/31/1998 4:07:00 AM
From: Skeeter Bug	Respond to of 132070

>>This thread is for the weak minded and ignorant.<< uh, jim, i REALLY don't like amazon. however, please go there and purchase the book "how to win friends and influence others." you need a little practice. ok, a lot... ;-)

To: jim kelley who wrote (41639)	12/31/1998 8:59:00 AM
From: Mike M2	Read Replies (1) \| Respond to of 132070

Jim, this thread is one of my favorite threads and I know that I have exceptional intelligence. We long time Burkites have been discussing how esop accounting is misleading because it understates employee compensation expense and overstates earnings long before the main stream business media raised the issue. Mike Burke is one of most knowledgeable people to ever post on SI. He is also quite funny ( I don't mean looks-g-) . Mike proud to be a weak minded and ignorant Burkite. ho ho ho

To: jim kelley who wrote (41639)	12/31/1998 9:06:00 AM
From: yard_man	Read Replies (2) \| Respond to of 132070

One of Burke's weaknesses is his good nature. He is very civil to folks who's parents never taught them any good manners ... Say hi to everyone for us over on the DELL thread, will ya?

To: jim kelley who wrote (41639)	12/31/1998 9:13:00 AM
From: Kerry Phineas	Respond to of 132070

JK, how dare he confuse himself with Michael L. Burke or Michael Birke. My only advice to you would be that you do some actual research into all the generic balance sheet/earnings report chicanery that goes on. I'll give you some links that you can read after you lose all your money, under the assumption that you'll continue to be a sheep until that happens.

To: jim kelley who wrote (41639)	12/31/1998 11:04:00 AM
From: Knighty Tin	Respond to of 132070

Jim, If you believe that puts and calls on the same strike price on a non-dividend paying stock are equal, then I have to wonder where you have been doing your options trading? Mars? <G> Don't get mad just because Dell suckered you into believing their schtick. Most folks fell for it. There are lots of Michael Burkes, but only one on this thread. MB

To: jim kelley who wrote (41639)	12/31/1998 1:48:00 PM
From: Lizzie Tudor	Read Replies (4) \| Respond to of 132070

How did you learn how to trade options Jim? I was trying to learn from reading this thread and one other. About all I have learned is that I need rt quotes and to stay in the money. Well a few tidbits but my paper option trades have still been losers. Ive learned more on the Dell thread than here about options. Michelle