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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Joo who wrote (5092)	1/31/1999 12:39:00 PM
From: Stephen	Respond to of 99985

Daniel, my only comment on the supposed earnings growth that is occuring in the technology area is that one of the most innovative parts of this 'new paradigm' is the accounting practises that are now employed by these innovative companies to show growth and take 'one time charges'. Additionally, the tremendous increases that some of the companies show are down to acquisitions ... this doesn't mean that the 'whole' has grown, only that the company who aquired (the ones we are mostly concerned with) looks like its going 'gangbusters' to use technical language. I'd enlarge ... but I've got to go get that first cup of coffee for me and the wife !! Have a great Sunday everyone Stephen ....bubble bubble, toil and trouble...