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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (58333)5/1/1999 7:19:00 PM
From: Peter Goss  Read Replies (1) of 132070
 
Mike - my favorite Cramerism of all time was this week on CNBS when he said he was buying MSFT aggressively overnight because he read in the sports section that the big name lawyer for MSFT was moving on to the Washington Redskins case. Haynes even made a big deal about such great research. I choked on my orange juice. Hope Cramer got a whole bunch in the mid eighties - it looked very punk into Friday, around $80 and change.

On another topic, do you think the big Asia runup is a parallel to the big runups here in the semis and equipment stocks? Fast money looking way out ahead for any hope and then ramping it big time. I can't fathom how they are going to get domestic demand up with all the coming layoffs in Japan. China still seems a wild card too. Plus if we slow or crash, that would take them down even more. Everyone and his mother is saying Asia is the place to be- makes me wonder if I shouldn't get some poots.

Thanks,

Peter
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