Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (18788)	5/20/1998 11:14:00 PM
From: Greg Jung	Read Replies (1) of 94695

< markets and holidays > Today was pretty weird, Dow +100 and NAsdaq -14. Maybe in preparation for taking it easy on the work involved in stocks, we shift away from the techs and go to financials/bluechips. Gateway my big winner I cashed in today. Still overpriced but isn't everything, these days? Actually price/sales ratio getting near 1. and who knows if they can at least average a flat revenue for the near term. Maybe Newt Gingrich threw a monkey wrench into the Asian equation, also: relating campaign<->China technology<->complaints to the telecom industry ==>> rebuff by China inevitable. Looks like those future cell phone users will have to buy from somebody else. An economic stumble with China would drop a lot of valuations out there. Greg

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