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

To: accountclosed who wrote (41176)	12/28/1998 4:04:00 PM
From: yard_man	Respond to of 132070

But that's way up from 1/2% last year, AR. Surely that jsutifies the stocks doubling -- I mean, er, quintupling -- I mean uh ...

To: accountclosed who wrote (41176)	12/28/1998 5:51:00 PM
From: Knighty Tin	Respond to of 132070

AR, The story gets worse. As happens every year, I forget how stupid the Xmas lies were by the time they come undone. CNBS mentioned today that many analysts were carrying 7% growth rates. Whoa! Now they are saying that if this after Xmas buying is a blowout, they may hit 3%. Gee, that seems like a sea change to me. <G> They do it every single year. The Xmas lies are just too easy to tell and blame is rarely assigned, so why not? I think 1% of sales on the Net would be a bit on the high side. Maybe 1% for Xmas season, but definitely not for the year. In other words, a non-event capitalized like the be all and end all of retailing. MB