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Technology Stocks : Motorola (MOT) -- Ignore unavailable to you. Want to Upgrade?

To: The Vinman who wrote (918)	4/6/1998 6:25:00 PM
From: Kristin mikel seeds	Read Replies (3) \| Respond to of 3436

Vinman, I'm relieved to see educated people on this net. I'm new to this but your observations are right on. S&P of 28 and earnings growing at 4 percent a year. Everyone is looking at Inflation. Guess what. DEFLATION is the problem. A tight labor market drives up labor costs and prices can't be raised because of cheap imports. Voila an earnings squeeze exactly what your seeing ant it's going to get worse. They blamed the jobs numer yesterday on El Nino. Apparently everyone that was supposed to be hired in march was hired in Feb. How come the payroll number in February wasn't 600K instead of 330? Jesus Yahoo at 60 times SALES. The analysts are really doing a disservse by hyping stocks at these valuations. Your thoughts