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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (19415)	8/19/1998 3:02:00 PM
From: Tom M	Respond to of 50167

Ike, I check your posts every now and then for a balance of SI opinions and just want to say I greatly appreciate your efforts in trying to find the direction out of so many pieces of information. I remember you mentioned a bit back that you warned short BA at one's own risk. I've been following BA closely for the last year and a half and of course have been disappointed as of late. However I was wondering if one could see a bear trap being set up with them since this is the last quarter reported that was to compare unfavorably with the previous year. Future quarters will be compared with last years horrible quarters which lead to a loss for the year. We should be reporting "BA earns $1/share vs loss previous year"(better than 100%) for this year, then per mgmt's revised estimates a 100% increase to $2 for '99, and another 100% increase to $4 for '00. I'm of the opinion that the worst is over, but would like to hear your reasons for being bullish on BA. Also, I believe someone asked for your opinion of the impact of a weakening dollar for the US market, as the Yen and HK currencies are expected to gain strength. Wouldn't this be bullish for companies like BA in particular, as it would make BA's planes more affordable for Asian countries? thanks in advance for your comments, Tom

To: IQBAL LATIF who wrote (19415)	8/19/1998 3:04:00 PM
From: SE	Respond to of 50167

Ike, Please just ignore Boyle. There are many of us here who appreciate your efforts, time and thoughts and we look forward to reading them. Please don't let him get to you. Hate to ruin a day over something like that. Many of us don't speak our appreciation very often for your words and outlooks. I want to take this opportunity to say thanks. -Scott

To: IQBAL LATIF who wrote (19415)	8/19/1998 3:10:00 PM
From: Lee	Respond to of 50167

Ike, I second Scott's thanks for your views and effort to keep us up to date on the levels of the important indices. I think this person must have an agenda which belongs on some other thread. Obviously, it's not relevant to either the economic fundamentals nor the day to day market flow and thus it's not in keeping with the Idea behind the Idea Thread. Thanks for your efforts Lee

To: IQBAL LATIF who wrote (19415)	8/19/1998 3:16:00 PM
From: Coz	Read Replies (1) \| Respond to of 50167

Hi Iqbal, I have recently discovered this thread, and I wanted to write to say thank you for posting your views here. There will always be differences of opinions and detractors. Sometimes people can only see the world from their own viewpoint and cannot accept that the views of others may not conform to their own. If they won't listen to reason and allow others their opinions, then please, sir, ignore these people. In the few days I have been reading this thread I have come to greatly value it. I just wish to offer you every encouragement to continue making your posts. They are appreciated. Coz

To: IQBAL LATIF who wrote (19415)	8/19/1998 3:39:00 PM
From: Kona	Read Replies (1) \| Respond to of 50167

IQ, Don't allow yourself to be silenced by this person. Your posts are are required reading for me and greatly appreciated . I would guess that people like me vastly outnumber the Boyles of this world and are here to learn and profit from your knowledge. That's what SI is all about but sometimes people forget why they signed up in the first place.

To: IQBAL LATIF who wrote (19415)	8/19/1998 9:16:00 PM
From: Investor2	Respond to of 50167

Thanks for sharing your ideas with us. Best wishes, I2

To: IQBAL LATIF who wrote (19415)	8/20/1998 11:26:00 AM
From: steve susko	Respond to of 50167

We were on yesterday regarding a range bound market. Most analysts are now voicing the bear markets. As they are wrong most of the time, the market may be basing and reading to spring into a rally. What do you think? P/S I hope the boyle guy is not bothering you too much.

To: IQBAL LATIF who wrote (19415)	8/20/1998 2:39:00 PM
From: Investor2	Read Replies (1) \| Respond to of 50167

Our friend, Mr. Kurlak, speaks again. From briefing.com: SEMICONDUCTOR STOCKS AND TOM KURLAK. The debate rages on. Before the open Thursday, Merrill Lynch semiconductor analyst Tom Kurlak downgraded Intel (INTC) and Texas Instruments (TXN) shares due to the continuing glut of supply in the semiconductor industry. INTC was downgraded from "long-term accumulate" to "long-term neutral" and TXN from "long-term buy" to "long-term accumulate." When the Asian crisis hit in October, semiconductor stocks took a dive. Over the past two months, however, semiconductor stocks rallied sharply as many investors have come to believe that the worst is over for this industry. Not so, says Kurlak, who has been bearish on the group for a while. He says the glut of high-end chips remains serious. This is were the big profits are. Supply and demand conditions may have improved for low-end chips, but that is not as important. Kurlak has been correct on the fundamentals in this sector. Profits are still not rebounding and no improvement is in sight. Yesterday before the open, LSI warned of lower profits, and after the close, National Semiconductor said sales and profits would be lower. The market has pushed semiconductor stocks, particularly INTC, up over the past two months, but there really hasn't been any fundamental support for the move. So far, semiconductor bulls have been able to strut, based on the stock moves, but yesterday the SOX semiconductor index plunged 12 points (4.6%). It may drop further again today. The SOX index is still up from 235 in mid-June to 257 before the open today, but if these gains are to be maintained, the fundamentals for the business will have to improve soon. It is hard to keep stock prices up on expectations that there is light at the end of the tunnel. Semiconductor investors have come to dread Mr. Kurlak's comments, but his focus on the fundamentals is worth considering. It is also interesting that he would make the downgrades a day after the SOX index plunged. If he had made these downgrades into a rising market, he might have been seen as stubbornly trying to talk the market down. Today, these downgrades will have greater credibility. Best wishes, I2

To: IQBAL LATIF who wrote (19415)	8/20/1998 5:18:00 PM
From: Roebear	Read Replies (2) \| Respond to of 50167

Uncle Ike, OT I am glad for all the responses defending you to boyle posts on this thread. Certainly his posts are out of place here, this thread is not about personal attacks or political philosophy. I found it very disturbing and would quickly complain to all if they were to continue. I do not mind opposing views, they are good to consider the value of ones own in contrast. But these were not just opposing views. Speaking of views, I would be interested in your view of the US attacks today against targets in the Sudan and Afghanistan and their future effects, if any, on the market. Also, would Pakistan people view the attack on Afghan targets with alarm, so close to their border and in light of the recent nuclear saber rattling with India and US sanctions? I have little idea how Pakistan or Afghanistan will react to this. If you can shed any light it would be appreciated. As always I am not interested so much in the politics as just what is and how it effects markets (and people). Thanks, Roebear

To: IQBAL LATIF who wrote (19415)	8/21/1998 5:27:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

This is the best reward one can hope or imagine- a selection from many of my PM's--Thankyou everyone who showed me that how important this thread is for all of us! To: IQBAL LATIF From: ------ Wednesday, Aug 19 1998 3:22PM ET You are one of the most enjoyable writers to read daily!!! You give your best and most exciting experiences in the trading life through the love, devotion, commitment, travel, family life, personal experiences in an open forum that I have ever read! Thank you for letting me have the pleasure of learning more about the world through your eyes. I couldn't help but feel that you were down coming back from a family holiday-------. You are a great humanitarian to try and forgive of yourself to please all. Wishing you all the best! (:-0)~~~~