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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (32226)1/3/1998 3:13:00 PM
From: Barbara Barry   of 58727
 
Don,
FWIW. I do not know if earnings will disappoint this quarter or not.But I would not be surprised at all if some companies issue some caution going forward.This would be their "hedge" because I don't think anyone knows the precise ramifications of SEA yet. Heck! I know of a company that already partially blamed SEA and their business has not even focused there! Companies can just sort of "throw" that excuse out there for a "just in case" scenario.IMHO since the market seems to be 80% perception and 20% reality, this type of caution could lead to the pullback.The business people that I have spoken with think this is more of a global economy than Wall Street is indicating by the valuations.
But with all that rambling...It doesn't matter if we are on the right side of the trend! <G>
Regards,
Barbara
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