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

To: miklosh who wrote (46671)2/11/1999 10:27:00 PM
From: Knighty Tin  Respond to of 132070
 
Mik, You know what I think about TA, but today had the ring of chasing out the weak sisters so the smart money could coin some jack.

MB



To: miklosh who wrote (46671)2/12/1999 2:31:00 AM
From: upanddown  Read Replies (1) | Respond to of 132070
 
Miklosh

No idea what is going on. I think it is a perception that FLC is over-leveraged and that continued low oil prices will kill it. I don't see how Soros could be shorting against the box. Where does he borrow 8-10 million shares ? I averaged in at $8,7,6 so I am comfortable. This is a major player in a critical part of one of the biggest industries in the world. I think patience will be rewarded.

John


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