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

To: Earlie who wrote (74073)	1/19/2000 11:41:00 PM
From: bill meehan	Respond to of 132070

Earlie, my vote is that the IR folks, I mean analysts can buy baloney by the ton--at least for the time being.

To: Earlie who wrote (74073)	1/20/2000 6:04:00 AM
From: valueminded	Read Replies (2) \| Respond to of 132070

Earlie: As you already know, bringing down earnings estimates on technology large caps does not reduce the stock price. All it means is they are assigned larger and larger PE ratios. The only thing that would seem to take down these stocks will be when there is little money left in the other sectors and AG stops money growth. It will happen, but I dread the consequences as I dont expect it to be pretty for anybody. current bear included. Given the environment of managed earnings, it would seem better to focus on the tech index (xlk for example) as a put target. qqq seems a bit to manipulated (constantly adjusted to strongest companies) for my taste. Other put targets may need to be small to midcaps and not necessarily technology issues. I have a few on my list including kide & srcm. Any you care to suggest ? thanks