Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: voodooist who wrote (45935)	2/6/1999 11:38:00 AM
From: Bonnie Bear	Respond to of 132070

there's a flock of relatively cheap, unfollowed, untouted and interesting (for M&A) stocks in the OEX..I think raytheon, honeywell, rockwell and harris are interesting..and the utility stocks....pretty big densities of EEs and SWs at these companies, the CEOs will need to do something with the stock price to keep these people. If anyone cared about reality, the U.S. government and state and local governments, and foreign governments, are by far the biggest customer of technology...the cost is paid by taxpayer dollars. Every time I hear about social security going into the stock market, I think of fannie mae and the raft of defense and social-services contractors..during my time in the business, I always thought it remarkable that some of my tax witholding was going into my next paycheck. In Greenspan's own words, our military-industrial complex is modeled after the Soviets. Attempts to commercialize them have failed. If the gov't MUST invest social security in the stock market, it should run it into these outfits but restrict compensation to that of civil servants, including CEOs...it is unjust that Dan Goldin of Nasa gets $140,000 a year while the CEO of his subcontractor LMT gets tens of millions in total compensation at taxpayer's expense. And NOC management gets millions on golden-parachute compensation for a merger that didn't even happen. Lockheed was great, Lockheed-Martin was awful..I don't think northop or lmt will come back soon, I kinda think LLL, harris, raytheon.and Hon look more interesting. The US still has some big waves of consolidation ahead..technology stocks are where the defense contractors were at the end of the cold war. the smaller players must be acquired or go out of business. And I see a big wave of consolidation in the utility sector. Because of its umbilical cord to the govt and the vast number of ex-govt officials employed there, LMT stock has been a leading indicator of the stock market for the last thirty years..it moves 3-6 months ahead (take a look at a historic chart of LMT over the S&P)... if this is still true, we're headed to S&P of 800 by summer. BWK?