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


To: Don Lloyd who wrote (46933)2/13/1999 1:39:00 PM
From: Earlie  Respond to of 132070
 
Don:
Being inclined to the bearish side of the fence in a mania, can be expensive, as I can personally attest. A more acute interest in the risk/reward equation has been my response to that earlier mugging at the hands of the stampeding bulls and it has been much more fun ever since.

Dell provides a nice, fat, short term target if the dippers do their thing on Tuesday. It was very kind to the bears last week. As noted earlier, one little speck of dirt on Michael's shirt and the market will shoot first and analyze later. I like those kind of situations, especially when the grunt work spells out problems and the insiders have been wheeling dump trucks up to the sell window.

Even if the numbers are wondrous, the funds are in an anxiety fit at the moment (exacerbated by MU's shenanigans), and a bit more inclined to pull the trigger. I don't see the stock moving much even with exceptional numbers, given the already achieved heights and the changing mood out there. At these prices, it's an airplant. Decent downside, limited upside is how I see it.

Note nick name before placing ANY value in the above-noted opinion. (g)

Best, Earlie