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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (21366)	7/7/1998 10:51:00 PM
From: Francis Chow	Respond to of 94695

Thanks for the SOXX info.

To: James F. Hopkins who wrote (21366)	7/8/1998 4:50:00 PM
From: Mike M2	Respond to of 94695

James, I was referring to fundamentals which have little relevance in this mania. I agree that the street and company management( their stock options tend to make them optimistic) will do everything in their power to keep the party going. I expect the fundamentals to deteriorate steadily but the public will ignore. At some point the mkt will lose its momentum and the public will pay dearly. I expect poor numbers from Intel but I suspect the mkt will not care and the company can always repurchase its shares on a bad day so the mkt appears to have "discounted the bad news" Mike