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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (20693)	7/19/1997 8:13:00 PM
From: The Perfect Hedge	of 132070

MB- What are we missing here?Why in the world do the techs keep going up{gtw,mu,intcetc...}with the outlook looking so gloomy?Intc shows slow growth and the stock goes up.It appears that a lot of companies are meeting analyst's expectations with earnings that are dragging but that doesn't seem to be enough to pull these suckers down.Could it be that just because eps are being met that the prices will remain?It seems like people are not looking any deeper other than whether or not earnings meet expectations.GD

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