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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (48653)	2/24/1999 4:15:00 PM
From: valueminded	Read Replies (1) of 132070

Mike: It seems that on good days, the commodities dont do as well as the techs and on bad days they tend to do worse. Speaking from observing and owning (slb, fcx, abx, nem, flc, arc) Arco, definitely has me concerned. It seems to fall on days the market is up, and fall on days the market is down. (Not the best sign imo) What is your take on Arco. ie are you looking at a second third ? It has declined substantially since when it was first mentioned but after evaluation, it would seem to have a lot further to decline at this juncture. Maybe down into the low to mid 30's Looks like someone doesn't like bonds at these levels.

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