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Technology Stocks : Compaq

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To: Dulane U. Ponder who wrote (12174)12/29/1997 5:47:00 PM
From: Harry Landsiedel  Read Replies (1) of 97611
 
Dulane U. Ponder. Re: downturn. I think you are being unnecessarily gloomy. Cramer IMHO is up one day and down the next. Heck he changes by the minute. I would not go by him. When he turns bull he won't tell you til he's made his bets.

I have stopped reading Barrons. It is incredibly negative ALL THE TIME. Something's wrong there.

Pick up the Business Week double issue on investing 1998. It offers a balanced view of things. Also reflect on the economic fundamentals in the US. Low inflation, low unemployment, high consumer confidence, hight investment in technology, improving productivity, a benign Fed interest rate policy, and low interest rates and going lower.

I think we will see a very nice January. Sorry you are going to miss most of it.

HL
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