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Politics : Ask Michael Burke

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To: Lucretius who wrote (49795)3/4/1999 5:24:00 PM
From: JRI   of 132070
 
Luke, congratulations on recognizing that the market would weak some from today's opening...well, a little in the techs (Dell)..

Unfortunately, U.S. retail sales on make up 10% of the overall market for P.C.'s...so COMPUSA's warning is not too interesting...

How 'bout Kumar: "PC sales very healthy"
Dataquest: " We see no problem"

More important news, indeed.

Close your position(s) now before the 30-year rallies, turbo-charging the stock market(s), and blasting up the high PE stocks.......By April 1st, this should be a reality..could happen sooner...also, as the "real" news about 1Q PC sales get out...(and doomday fades)

I would agree, that if the 30- year stays at 5.7 (or higher)....tech stocks will not rally (much) anytime soon...PC makers may go up a bit, due to better news anyway..But if there is a (significant) rally...look out...
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