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

To: Earlie who wrote (74070)	1/19/2000 9:17:00 PM
From: valueminded	Read Replies (2) \| Respond to of 132070

Earlie: Thanks for the analysis. I pretty much concur. However, it would appear given the after hours trading that the market really does not care. That being the case, puts against the market favorites (such as ibm, intel etc) are not odds on favorites for making money. The "asset allocation" seems to be more and more focused to the tech sector. (albeit some bets have been placed in biotech lately) I noticed Stansky from Fidelity Magellan isnt happy with his current underweighting in the tech sector (26% of assets) So I fully expect value funds to completely disappear as everyone focuses on growth at any cost. We are close now... but dont believe all the fish are in yet.

To: Earlie who wrote (74070)	1/19/2000 11:28:00 PM
From: sammaster	Read Replies (1) \| Respond to of 132070

one question... most people believe that interest rates are going up so wouldnt IBM lock in the relatively low rates now and in the near past for the money they borrowed to buy back shares? or do all of these loans adjust to new rates? or are u saying that they wont be able to buy back shares as cheap in the future because the new loans they make will have higher interest rates? tia samir

To: Earlie who wrote (74070)	1/19/2000 11:38:00 PM
From: bill meehan	Read Replies (1) \| Respond to of 132070

Earlie, it's kinda like Cubs fans (and, unfortunately, Vikes fans)...wait until next quarter. Oops, I mean wait until the quarter after next. <g> Then things will really be good, really. With every day, in every way, Big Blue is getting better. Just you wait; you'll see. If you can't trust Uncle Lou, well then you can't trust Uncle Sam, Al "the world saver" or the President...er, strike those thoughts and pass the bottle. Interesting that they earned $2.1 billion and spent $2.1 billion on buybacks in Q4. Wonder why they didn't buy more stock? <g>