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


To: accountclosed who wrote (35741)11/10/1998 3:52:00 PM
From: S. maltophilia  Read Replies (2) | Respond to of 132070
 
wsj.com

<< eBaysurged 33, or 32%, to 136 1/2 on the
Nasdaq Stock Market. Goldman Sachs
raised its 12-month target price for the stock
of the online auctioneer to 150 from 90.>>

Golden Snatch a day late.<G> They're starting to sound like a Denver firm pushing oil stocks in 1981....

More weirdness from the same article:
According to Tom Taulli, market analyst for the Silicon Investor Web site,
"expectations are that it could be a huge Christmas" for some of the
electronic retailers.




To: accountclosed who wrote (35741)11/10/1998 11:47:00 PM
From: Skeeter Bug  Read Replies (3) | Respond to of 132070
 
roq, i'm beginning to feel that the fed has to shut off the money valves before reality hits. i think they did and that caused the brief correction. then they turned them on and - boom - here we are.

inflation will prevent money from being printed. if we have deflation, what will prevent the fed from printing money? whatever that is, we should watch it closely.

too much money (dumb money) chasing too few stocks.



To: accountclosed who wrote (35741)11/11/1998 11:10:00 AM
From: Knighty Tin  Respond to of 132070
 
AR, eBay is worth sideways 8. <G>

MB