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

To: Earlie who wrote (45213)	2/1/1999 8:04:00 AM
From: valueminded	Respond to of 132070

Earlie: Enjoy your commentary. And indeed the 64k question is when. But you mention puts/shorts on companies struggling with exceedingly large debt loads. Could you give us a few examples of ones you are considering and do you screen using debt service>>> cash generation or something similar. thanks

To: Earlie who wrote (45213)	2/1/1999 9:17:00 AM
From: Copeland	Respond to of 132070

Here's a great quote from Jeff Cooper, a well-known daytrader: "...behold, by 1987, I had become a big-picture, buy-and-hold investor. I can remember the calls from brokers: 'Hey Jeff, Enzobiochem Information Systems Technologies is going to earn 30 cents this year, $2.00 next year, and $15.00 the year after. even though th stock is at 100x earnings today, it's at two times 1989's numbers! It's a steal!!!' "And, as a rising tide lifts all ships, a rising bull market lifts all stocks. I was making great money until October 1987 when the buy-and-hold curse hit another member of the Cooper family..."