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


To: yard_man who wrote (55365)4/9/1999 11:02:00 AM
From: Knighty Tin  Respond to of 132070
 
Tip, I have to tell you, my best ever long term put play, Picturetel, behaved just like CDWC is behaving. It runs up, I buy puts, it runs down, I roll down, it runs up, etc. You can make a ton of money in these short trading ranges due to repetitive profits. <g>

Reality has no bearing on tech stocks until it does. I think it soon will. After all, the ignorati still probably think that pc sales were gangbusters last year due to all the publicity that lie got around Xmas time. They will probably overlook the IDC capitulation to some type of honesty, but some of the smarter players who have been suckered will start to exit the dogs.