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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (7702)	9/6/1998 11:34:00 AM
From: Ken Brown	Read Replies (1) \| Respond to of 42834

From last correction he was sure that dow/sp would come but he was not sure we would see new hi on Naz. It's a minor point, but I distinctly remember Bob saying a week or two ago that he expects ALL major averages to reach new highs in 6-9 months, INCLUDING the Nasdaq. No, Bob would not advise borrowing money to put in the market. For those folks who already took advantage of the buying opportunity of SPY around 110, we will have to sit and wait. Recall, we will all have "watermelon smiles" in 6-9 months. Actually, that would now be 5-8 months. It's always easier to blame someone else for your mistakes, especially when he gives you the opportunity to do so. Nevertheless, the ultimate blame lies with myself, not with Bob. Ken

To: Sonki who wrote (7702)	9/6/1998 1:29:00 PM
From: stock bull	Respond to of 42834

Sonki, did you respond to the right person? My message did not discuss Dell, nor Bob's discussion on Dell's book value. Stock Bull

To: Sonki who wrote (7702)	9/6/1998 5:53:00 PM
From: dougjn	Respond to of 42834

Sonki, IMHO you are absolutely right about the lact of importance of book value in many leading companies these days. For a variety of tech reasons, it takes fewer bricks to turn of stuff of value in many areas. However, his comment on the overhang of options is more worrying. Right now they do seem to be using most of their cash earnings to keep options dilution at bay by repurchasing shares. Still managing to grow earnings and cash very quickly; that's how good their business model is. BUT...if growth slows the large option overhang, more of which automatically vests and becomes exercisable each year, could be a double whammy. Doug