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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.21+0.2%4:00 PM EST

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To: bobby beara who wrote (20878)7/22/1999 9:11:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
Bobby, meanwhile the nutz bulls continue to argue that we have it all wrong with our outmoded valuation concerns. they even complain how AMZN's management has lost it's stock touting ability when talking to analysts at conference calls. YHOO is considered to be better versed in that department. expectations for YHOO are still high:
Message 10605446
and the last penny is put to work:
Message 10618340
re. U.S. corporations, their cash position and debt levels, note that corporate debt stands at an all time record. this is among other things due to the massive stock buy-back programs that have helped to keep this bull market alive. whether buying back of stock at inflated prices is in shareholders' long term interest is questionable.

regards,

hb
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