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

To: Knighty Tin who wrote (73371)	1/12/2000 3:05:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

mike, i compared investing in qcom or investing in a tbill. after 10 years, qcom had generated $50 billion less than a tbill. that assumed 250% growth this year and 50% every year thereafter. and no dilution. why would interest rates stop these speculators from acting so irresponsible? $50 billion down is ok but $60 billion isn't? ;-)?

To: Knighty Tin who wrote (73371)	1/12/2000 5:32:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

To All, Musings on Intel. CNBS is running a special at 6 p.m. eastern and 3 pm microsoft. I have not seen Intel orchestrate such a full court scam-a-rama in several quarters. They have all of their lickspittles out tooting the company horn and suckers are buying it. However, I think a few may be backing off a bit. Today, Dan Niles said he would "just be happy if Intel finally had a quarter where they made eps and revenue numbers." And the CS First Boston guy now expects them to "make their estimates." Does that sound a wee bit tame for a stock that just hit an all time high? Yes, it is true that if they cook the books and make their numbers this quarter, that it will be the first time in a while. YtoY eps have run -10.85% while revenues have been up a mighty 4.8%. So, if they play some accounting games to make a 6-8% eps gain this quarter vs. a year ago, that makes them a growth stock again? Hardly. And definitely not the stuff of a 40 times pe ratio. So, why is Intel pushing all of the media buttons and trying to scam the stock up? Are the insiders ready to make some big sales? Is Intel in need of an even more overpriced stock so it can buy some internut giant? Or are they just scrambling to save face with AMD kicking their butt last quarter? I don't know. Stay tuned to this bat station. <g>