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

To: Nadine Carroll who wrote (72431)	12/28/1999 5:46:00 PM
From: Knighty Tin	Respond to of 132070

Nadine, I don't think the lockdowns are the big deal. I think the overbuying early this year is the big deal. Cos. will find themselves overstocked with non-productive computers and software and cut spending proportionately. Especially with nothing spectacular on the horizon. So, I think nuclear winter has started and the stats reflect it. It will get worse. The stocks should have big problems gathering the earnings to support the multiples next quarter, so death and devastation by April reporting. However, I expect earlier rather than later on that.