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

To: Knighty Tin who wrote (38022)	12/2/1998 8:42:00 PM
From: Timothy Liu	Read Replies (2) \| Respond to of 132070

> a phony shortage of one of its chips around Xmas There is a very simple explanation from all the information out there. 1. Intel is sold out (capacity constraint). 2. Intel PII core have such high yield that most will run 400+Mhz 3. Intel rather sell them as 400's rather than 350's or 333's. Tim JMHO of course, not Intel's

To: Knighty Tin who wrote (38022)	12/2/1998 9:27:00 PM
From: Denice	Read Replies (1) \| Respond to of 132070

Message 6653785

To: Knighty Tin who wrote (38022)	12/3/1998 7:45:00 AM
From: KENNETH R SANDERS	Read Replies (2) \| Respond to of 132070

MB Here is a place you can used as a contrarian indicator, as if you didn't already have enough<G> bull-market.com

To: Knighty Tin who wrote (38022)	12/3/1998 9:15:00 AM
From: KENNETH R SANDERS	Read Replies (1) \| Respond to of 132070

MB, Forgot to send this. Reminds me of your early MU posts. IT'S THE OIL PRICE, STUPID!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! By: Mike Simmons President Loosbrock Offshore mailto:mike@loosbrock.com The oil business is like an escalator going up and an elevator going down. But at least escalators and elevators are predictable. The oil business is anything but predictable. Even still, there are countless experts, former experts and wanna-be experts that spew endless predictions. Oil prices, and hence oil-related stock prices can not be predicted by anyone, no matter how smart they think they are, and no matter how plausible their predictions sound. It's sort of like raising kids. Pick your pre-disposed style of child rearing -- pick anything. It's a simple matter to find a book written by a highly acclaimed expert that purports your method to be the "right" method. You are validated! Of course, all the other books are wrong. Oil money pays the bills. Oil-related stocks will be eternally coupled to oil prices. Oil prices can not be predicted. Oil-service related companies are at the bottom of the great oil banquet food chain. It does no good to look for "value" in oil-service stocks. With low oil prices there is no room for growth. And future growth is the engine of higher stock prices. When the prospect of future growth is limited (when oil prices are low), oil-service stocks are, and will forever be, dead money. Witness July 17, 1998 from Mavis Scanlon at thestreet.com: Toward the end of 1997, it looked as if oil service stocks no longer traded with commodity prices. The equipment market for drilling and services had grown tight, and demand for crude oil looked as if it was outrunning supply. But Gustafson says -- and two other money managers interviewed for this article who asked to remain anonymous agree -- "the analysts had it wrong. The companies had it wrong, too. It's been frustrating to listen to these guys. It doesn't mean they're not smart, it doesn't mean they don't know their business, but it's been a disappointment to all investors who have paid attention to oil service analysts." No truer words have ever been typed. It's the oil price stupid! Never forget that.