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


To: Knighty Tin who wrote (54993)4/7/1999 3:51:00 PM
From: BSGrinder  Read Replies (1) | Respond to of 132070
 
Michael,
Time for you to get with the "new consensus." This just in from Cramer today:

"A new, more positive consensus just formed about PC sales, and we are seeing the effects in the stocks these last few days.

After a crummy February, March PC sales picked up pretty dramatically, courtesy of Intel's (INTC:Nasdaq) new Pentium III. This product ended the freeze in the market and allowed business to move forward."

First good news I've seen about the Pentium 3.
The e-Bunny is special.
/Kit



To: Knighty Tin who wrote (54993)4/8/1999 12:30:00 AM
From: Stefan  Read Replies (2) | Respond to of 132070
 
Thanks Mike for the run down on the 90/10. I guess to have it work for me I would have to add to my mad money account or make spectacular returns and not lose any part of that 10 part.<g>
The best option would be to win lotto then mad money would not be a problem.<g>
Do you have any opinion on Dryfus Brokerage their options commissions are very low $1.75 per contract with $15 minimum. If their service is reliable it would make sense for me to switch to them to cut my commission cost.



To: Knighty Tin who wrote (54993)4/8/1999 9:45:00 AM
From: re3  Read Replies (1) | Respond to of 132070
 
Hi Michael...

what do you think of this strategy at today's prices...

You take a company like barrick gold (abx)Its volatile, but you feel at 17 $ us or whatever, it could be near a bottom and you don't mind owning gold...

Sell put options for a good return...(I have no examples in front of me though)...You keep the funds needed to buy the stock if it comes to that in a money market fund...You take 10 % of the premium money and buy the long shot puts or calls...

I guess the hard part is which puts or calls...and that is another story, eh ?

Howard