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

To: Knighty Tin who wrote (72056)	12/17/1999 9:01:00 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 132070

MB, funny enough, Piper Jaffray upgraded Adobe to a strong buy, and Bear Stearns downgraded it to neutral. since it was up 3 3/4 the bubble participants seem to have faded out the downgrade. and wasn't INTC downgraded a few days ago? it has run up in a perpendicular move since then. nobody wants to know about fundamentals anymore... regards, hb

To: Knighty Tin who wrote (72056)	12/18/1999 9:18:00 AM
From: re3	Read Replies (1) \| Respond to of 132070

well, here's the end of an era <ng> the mootleys are sellin' iom... fool.com michael, interesting move on the mxf, i applaud you on that trade, you've given yourself some time for things to fall into place by going out to may...

To: Knighty Tin who wrote (72056)	12/18/1999 10:31:00 AM
From: gnuman	Read Replies (2) \| Respond to of 132070

MB, re: The " New Era" It seem's the phenomena is constrained to a small percentage of stocks, (mostly hi- tech), that have outrageous P/E's and Mkt Cap's. According to a recent article in "Money", the stocks tracked by Value Line have a median P/E under 15, and the average Blue Chip in the SP500 is below 30. It also shows a chart where 60% of all stocks are lagging the SP500 this year. I ran a "screen" on the Nasdaq site, (NYSE and Nasdaq), that shows there are 36 companies with a Cap >$100B, ($7Trillion+ total Cap for the 36 with an average of $196B). (I think there may be some anomalies in the screen, but I have to go with it). What percent of total mkt cap does this $7 Trillion equate to? If you look at the "bubble" as being constrained to a small percentage of stocks, are there parallels to the bubbles of the past? (For example, '29 and Japan?) Were they this narrow? (And do you look at the bubble as being constrained in this manner?) When the BK hit's, (which all you guys have convinced me is only a matter of time), will it have broad implications, or be constrained to a small percentage of stocks? TIA Gene