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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (65413)7/28/1999 11:03:00 AM
From: Les H  Read Replies (1) | Respond to of 132070
 
AOL At $ 98 Is a No-Brainer

chkpt.zdnet.com



To: Knighty Tin who wrote (65413)7/28/1999 11:22:00 AM
From: re3  Read Replies (1) | Respond to of 132070
 
Mikey, you musta meant 66 for your target on mu, not 6, correct ?

ike



To: Knighty Tin who wrote (65413)7/28/1999 11:52:00 AM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Mike:

I have heard it said that longer term we are all dead anyway.....
No question fundamentals will make a difference, my only point is that if a stock/business has a life of say 25 years before it goes kaput, it seems that 24 of those years it trades emotion and totally disconnect fundamentals and the last 1 year b4 it goes bankrupt, it trades fundamentals.

I have seen many stocks which have no hope of paying off their debt loads, no product and no real business plan trade at obscene valuations (for years) until they are either delisted or go blow up by themselves.

It looks like the bulls have it correct on Micron (at least in the short term). What are your thoughts as to why it is moving up so fast. I dont believe it is all short covering, seems like waay to much volume and money for that.....