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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (20306)6/14/1998 3:42:00 AM
From: Lee Lichterman III  Read Replies (1) of 94695
 
I understand your point about ditchdiggers and the other "hard" laborers. I do disagree that most go to college to learn how to get out of work however. I think that is the generation. In the military it scares me that some of the kids now entering will be responsible for our future safety. I know our grandparents felt the same way, so maybe I'm just getting old. <g>

Didn't understand your point about KEA insider sales. If it was implying that they are heavily compensated then it is in middle ground IMO. Keane Sr. has a salary of 300K as CEO, pretty small compared to many running a billion dollar Co. I prefer he get the majority of his income from options because that keeps him motivated to continue the rapid rise in stock price. His employees are also well compensated as per a news item a while back. They are happy, he is happy the stock holders are happy. No foul IMO

Granted there are abuses, I still just feel that we overpay our sports stars and unskilled labor while teachers, scientists etc go unappreciated from a financial standpoint.

To get on topic again - if domestic DRAM, Disk drive makers etc are dead meat for the next year ( I feel they are), how much money will flee 401Ks from out of work factory people that will also be selling their mutual funds and stocks to put food on the table and pay the house payment? BK, then bear for a couple years? I drove by micron tonight and it looked like a ghost town. Last year, it was smoke billowing from every smoke stack and full parking lot 24 hours a day, 7 days a week. I Don't expect Monday's numbers to be good from them and I doubt they will be better next quarter.
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