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


To: Bonnie Bear who wrote (44956)1/29/1999 1:40:00 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
BB, excellent point about pension funding. Corporate profits have also benefited from extraordinary market gains reducing the amount of cash flow required to fund pension liabilities. Mike



To: Bonnie Bear who wrote (44956)1/29/1999 1:49:00 PM
From: Earlie  Read Replies (1) | Respond to of 132070
 
BB:
Agree. No wonder the insiders are wheeling their dump trucks into the broker's offices.

While this thing could still go on for a bit yet, (another coupon pass by Sir Allan yesterday), we cannot complain that there were no warnings. Insider selling, to name one, has been a river of paper. Don't blame them for selling,....but hope they fry in Hades for their stock-buyback/put options/employee options scam. Hard not to see the actions of the involved execs as disgusting.

Best, Earlie