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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (33753)10/13/1998 5:32:00 PM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
To all, Apres Market news: 1. Intel surprised everyone by only crapping out at a negative 1.2 pct. rate year over year. This is a superb rate of growth for a stock with a pe ratio of 26 times. O.K., I don't really expect them to have a -1.2 pe ratio, but 26 times is about triple where this dog should be.

The eps were so great that Intel is going to thank its hard-working employees by canning over 1000 of them. That is because demand is so breakneck that they need less workers to keep up with it.

2. Pfizer, the darling of the can't lose drug group, didn't hit its number today. Seems like can't lose was the way somebody interpreted the pharmacist's writings. It really said, caboose, which is where this stock and its bloated industry should be riding in the stock parade. -g-

Hardly any real winners left. They are biting so much dust that it is no wonder that they spit out mud when they talk.

MB