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


To: Knighty Tin who wrote (49451)3/2/1999 12:26:00 PM
From: Warren Van  Read Replies (1) | Respond to of 132070
 
MB,

I bought some shares of NEM a while back when it was under 17. I am tempted to buy more. I read most of your posts for the great plays. Thanks for MU and CPQ. Then you announced buying a second third of NEM.

Why are you buying more NEM? Also would you explain what and why for the "Leap buy write"?

I wanted to buy more NEM because I thought weaker Dollar and inflation might pop into the picture in the coming months. Interest rates are climbing already. I did sell some puts when NEM was knocking around 17.

Thanks,

Warren



To: Knighty Tin who wrote (49451)3/2/1999 2:00:00 PM
From: ShieldsUp.Com  Read Replies (1) | Respond to of 132070
 
Mr. Burke;

Did the new home sales figures released today cause you to think that a delay in any inflation fears may last into the spring as our dollar stabilizes and the t bond yield seems to plateau near 5 3/4%? Could that be one reason to sell covered calls, expecting sideways action for a period of time rather than a bull move finally in the precious metals?



To: Knighty Tin who wrote (49451)3/2/1999 2:32:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 132070
 
Mike: more insider sell from Dell:
Tuesday March 2, 2:07 pm Eastern Time
Dell executives file to sell 4.4 mln shares
WASHINGTON, March 2 (Reuters) - Dell Computer Corp. (Nasdaq:DELL - news) founder and chief executive Michael Dell and senior vice president Carl Everett are looking to sell a total of 4.38 million common shares worth about $357 million, according to Securities and Exchange Commission filings.

Michael Dell's proposed sale is part of an ''ongoing pattern of diversification'' and represents nearly 2 percent of his total holdings, currently at about 16 percent, Dell spokesman T.R. Reid said on Tuesday.

Dell, who founded the Round Rock, Texas, computer company in 1984 while attending the University of Texas at Austin, filed with the SEC to sell 4 million shares for about $326 million. Everett filed to unload 380,000 shares for approximately $31 million.

Dell shares fell 6/16 80-3/16 on Nasdaq.

biz.yahoo.com

biz.yahoo.com



To: Knighty Tin who wrote (49451)3/2/1999 2:47:00 PM
From: Merritt  Read Replies (2) | Respond to of 132070
 
MB:

To add to Warren's post, is your increase in NEM related to the CPR's Finance Minister's recent statements?

TIA, Merritt



To: Knighty Tin who wrote (49451)3/2/1999 3:30:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 132070
 
MB,
We need better communication! I bought NEM leaps last Thursday. If I woulda known, I could've waited and paid you directly. I hate paying commissions. -g-