SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (29298)6/24/1998 6:34:00 AM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
MB & all. Have you not heard the good news that all the tech problems are over? I know that every news article last week was mentioning doom and gloom in Asia, bloated PC inventories amid declining prices, memory glut, semi-equip that no one can afford to buy, over inflated stock market, possible technical corrections, etc.

But this week that situation has changed entirely. <G> All the bad news is built into the stock prices of tech stocks, that is why the Nasdaq is up 100 points during the past week.

How can there be a stock market correction if there is a sucker born every second, crawling out from every corner the eye can see? I'm not sure the sucker is the guy who sold too soon last week or the sucker who is buying this week.<g>



To: Knighty Tin who wrote (29298)6/24/1998 6:43:00 AM
From: Michael C Quesnel  Read Replies (2) | Respond to of 132070
 
MB and thread, what's your opinion on Tidewater (TDW)? A buddy of mine thinks that they've been beaten down enough that there's some value there. I don't know what to think.

thanks,
Mike



To: Knighty Tin who wrote (29298)6/24/1998 8:51:00 AM
From: yard_man  Read Replies (1) | Respond to of 132070
 
What's a company to do when it gets rebuffed by AOL?

biz.yahoo.com

biz.yahoo.com

(I have a special disgust in my heart for T ever since they slammed me.)



To: Knighty Tin who wrote (29298)6/24/1998 9:09:00 AM
From: Cynic 2005  Read Replies (3) | Respond to of 132070
 
Mike, forget a slow-down. Aren't these numbers indicative of a recession?
08:43 DURABLE GOODS SHIPMENTS FALL 0.2% IN MAY.
08:43 AIRCRAFT ORDERS FALL 19.8 PERCENT IN MAY.
08:43 CAPITAL GOODS ORDERS DOWN 3.9% IN MAY.
08:43 DURABLE ORDERS EXCLUDING DEFENSE DOWN 1.9%.
08:43 DURABLE ORDERS EXCLUDING TRANSPORTATION DOWN 2.3%.
08:43 PRIMARY METALS ORDERS DOWN 4.1% IN MAY.
08:43 INDUSTRIAL MACHINERY ORDERS DOWN 1.2% IN MAY.
08:43 TRANSPORTATION ORDERS DOWN 3.5% IN MAY.
08:43 ELECTRONICS ORDERS DOWN 6.8% IN MAY.
08:43 DURABLE ORDERS FALL IN EVERY CATEGORY IN MAY.
08:43 MAY DURABLE GOODS ORDERS FALL 2.6%, BIGGEST DROP SINCE DECEMBER.