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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (73540)	1/13/2000 10:50:00 PM
From: Earlie	Read Replies (3) of 132070

SB: Your analysis is too rational. It includes "risk" in its equation. Everybody knows that there is no risk in this market. (g) I'm just getting into the INTC numbers. Shall we bet that there is a nice rise early tomorrow, but a return to Earth once the boys have a chance to sift through the material? The plain and simple fact is that the operating numbers are not encouraging. Big unit shipments but flat revenues and reduced operating earnings reflect the micro price pressures and price wars. I'd sure as heck also be worried about a manufacturing company that is about to spend big on increased manufacturing expansion even as business (2/3 of PC sales)cuts buying to the bone. mb put it succinctly,...Intel's big gains came from successful (this quarter at least) net stock bets. More tomorrow. Best, Earlie

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