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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Ron Mitchell who wrote (53653)6/10/2000 8:21:00 PM
From: Stephen  Read Replies (1) | Respond to of 99985
 
Ron, I'm not sure I agree with you about the earnings disappointment part. INTC, MSFT, DELL, LU, IBM come to mind off the top of my head as biggies disappointing recently, and I know there's a couple of other big names I can't recall for the mo. Without returns from capital & the sale of stock generated by investment in internuts that went public, their numbers would have been even worse. Lets face it, if productivity is improving, pricing power is limited, and there's seemingly more tech companies in the same space than ever before, how can operating revenue growth be maintained ?. Its just not possible ...

Stephen



To: Ron Mitchell who wrote (53653)6/10/2000 9:33:00 PM
From: American Spirit  Respond to of 99985
 
Some earnings will be great others won't. No clear concensus expected in July. Slowdown has been mild, just about perfect to keep the Fed from raising more IMHO.
Maybe Greenspan does know what he's doing. Keeping things right here could keep growth just about where everyone feels comfortable. We'll see.


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