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Strategies & Market Trends : The Stock Market Bubble
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To: yard_man who wrote (827)7/26/1998 7:16:00 PM
From: bobby beara  Read Replies (2) of 3339
 
according to the SI calendar 8/18, another interesting one to watch is cisco who reports 8/4. Another thing dell has going for it is it's internet sales, any company that talks about INTERNET gets a 10-30% boost just from that -ggg-, the INTC CEO mentioned internet in his conference call and it masked their declining sales, revenues and margins that have been going on for a year now, of course next quarter will be much better, they have found out how to make as much money on an $800 pc as they used to out of a $2000 pc -ggggggggg-

Just think where the nasdaq would be if INTC would have sold off measurably last week.

This is a new era and tulips (err I mean companies) are worth almost any price, intrinsic value means nada, earnings mean nada, assets mean nada, sales mean nada (sounds like an internet company -ggggg-)

Sad but true, some sucker will be left hold the last high priced tulip and won't know what hit him.

Message 5303960

bb
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