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Technology Stocks : Perot Systems (PER)
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To: Rick_Barry who wrote (268)2/5/1999 4:07:00 PM
From: Mohan Marette  Read Replies (2) of 542
 
Rick: You got that right that is 'don't bet against Perot' please.Next week we will see much higher prices as all the economic data that came out this week point to a strong economy,without much inflation to speak of, low unemployment level,low interest rates,manufacturing picking up finally and a whole slew of other fantastic news.

All this hype about inflation fear,and high interest rate coming out of the pundits are just a ploy to bring the market down a bit on account of the fact that the market moved up too fast and too quick so a bit of a correction seems logical and healthy.

Goldman Sachs just upped their Q1 99 GDP growth estimate from 3 to 3.5% from 2.7%, our economy is smoking and they can't possibly hold down the market for a day or two. Just my opinion of course.

Now if you want a hot growth stock badly you don't want to put any limit orders in,you just buy and then ask questions later,this is my opinion again. BTW please don't go by what I say,do what is best for you.
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