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

To: Earlie who wrote (49962)	3/5/1999 2:51:00 PM
From: wlheatmoon	Respond to of 132070

The funny thing to me is that all DOW components were up big this morning like it was orchestrated. I know, it seems rather silly, but the volume sucked and 29 out of the 30 dow stocks were up huge. Kind of like a bait for the index watchers to hop on the bandwagon so they can unload crap on them. I see AOL, EGRP, and now INTC not participating in this huge 'rally'. They've got the crap bidded up to unload at a decent price (MU comes to mind). Got to have some conviction to hold onto them puts today. Hell, am thinking of adding more. LOL.....

To: Earlie who wrote (49962)	3/5/1999 2:58:00 PM
From: Michael Bakunin	Read Replies (2) \| Respond to of 132070

Storm? In PCs? Maybe the wind is picking up already: from Brieifing, "Intel Corp. (INTC) 113 7/8 +1/2: --UPDATE-- shares on chip maker have come off their intraday high on fears that Pentium III chip sales are not reaching the levels initially expected; there is also a rumor that Compaq Computer will not accept any more Intel chips and will work off its current inventory....." Did you start that rumor? <g>

To: Earlie who wrote (49962)	3/5/1999 3:15:00 PM
From: Stefan	Read Replies (3) \| Respond to of 132070

Earlie, good to see you posting again. I have a question for you as to todays action. I have been watching real time quotes on MU and SCH and the bids were higher then ask in some instances by over a $1. I thought that it was a problem with reporting but other quote sources showed the same. Are the specialist giving money away. Could you explain how this can happen. I have never seen something like this. Also MU puts bid and ask were locked in at the same price without trades going through. What is going on with this? Is the "efficient market" falling apart?