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


To: Earlie who wrote (71259)12/2/1999 9:00:00 AM
From: Mike M2  Read Replies (2) | Respond to of 132070
 
Earlie, thanks for your insights. One thing many bears have underestimated is the power of positive thinking and propaganda. No matter how bad the numbers are the bulls will spin it as an inventory correction and advise us to think long term. They will forecast a strong rebound in the second half of 2000 . The ignorati will listen because the bull cheerleaders have lead them through the greatest bull market in history. Earnings multiples could double and it would not phase most investors. The Fed should have taken away the punch bowl now we have to wait for the currency mkts and the bond mkt to do the Fed's job. Mike



To: Earlie who wrote (71259)12/2/1999 9:05:00 AM
From: MythMan  Read Replies (1) | Respond to of 132070
 
You really think any of that will impact stock prices? -g-



To: Earlie who wrote (71259)12/2/1999 12:56:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
Note Intel posts/rumors: #reply-12165271 and its predecessor #reply-12162908 "..sales are red hot, especially low end, but the ASP is lowering." and "Rumor within Intel is that earnings will be in line with the low end of estimates. Not great, but not bad." Makes sense to me, but what do I know? I'm unwelcome there these days. <g> #reply-12159371 -mb



To: Earlie who wrote (71259)12/2/1999 2:12:00 PM
From: benwood  Read Replies (1) | Respond to of 132070
 
- Net stock mania will likely end quickly after Christmas. A large percentage of net companies have raised big pots of money,.... all of which is being spent on Christmas television advertising.

I agree it will end soon and badly for most. However, a lot are apparently banking on advertising through January at least since 30 of the 90 Super Bowl ad spots are for dot coms. Still, those could primarily be the deeper-pocketed ones like AMZN and Yahoo.