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Politics : Ask Michael Burke

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To: Kailash who wrote (74371)	1/25/2000 9:49:00 AM
From: Freedom Fighter	Read Replies (1) of 132070

Kalish, It was a very elaborate web page for a satire. It had me fooled for awhile because I know people who actually believe that sort of stuff. (ng) I'm clueless about where the stock market goes from here. The bond market wants a tightening and I view that as a negative for stocks. I think the valuations outside of technology and a handful of blue chips are more sensible than they have been. In my view the technology move has had little to do with fundamentals. It's all momentum. There's lots of great tech companies, but the prices reflect a future that's going to be tough to deliver on. It definitely won't be delivered with any of my money. Overall I remain bearish on the market because of the prices. Wayne

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