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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (65407)	7/28/1999 9:55:00 AM
From: valueminded	Read Replies (1) of 132070

Mike: Looks like Mu is making a strong move again today. Would be surprised if it didnt easily clear 60. Lots of Momentum (and money) behind the stock. Looks like yesterday and today huge volume in the first 10minutes of trading session is really sparking a rally for them. While I can not force myself to buy it or even buy calls on it, it is interesting to watch the move. It is interesting in that I expect they will lose substantially more this quarter than last. But as I have watched pe expansion over the last 2 years, I have concluded that fundamentals are for the most part disconnected with the stock market. Questin for you however, I have just about concluded that fundamentals are always disconnected from the stock market no matter what the time period. Agree /Disagree and why ? thanks

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