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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Jorj X Mckie who wrote (1232)10/21/1999 4:45:00 PM
From: Hardline  Read Replies (2) of 9427
 
And I will be the counter point.

I have been saying the techs will do well in the final quarter and I will stick to it. Y2K is not only already in analysts estimates but it they are over stated. IBM using Y2K is no different than the companies that used the Russian Crisis last year. When you are going to miss your number, companies will blame everything but themselves.

At the end of this earning season, there will be far more companies beating estimates. Also the percentage that they beat estimates by will be larger than normal.

Hardline
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