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

To: Knighty Tin who wrote (52064)	3/16/1999 12:01:00 AM
From: jim kelley	Read Replies (1) \| Respond to of 132070

MB, Do you need more than a single sentiment indicator to reach your investment decisions? JK

To: Knighty Tin who wrote (52064)	3/16/1999 9:27:00 AM
From: Eggolas Moria	Read Replies (2) \| Respond to of 132070

Your favorite financial columnist on TheStreet.com has waded in with his trading forecast on the tech stocks. Forgetting About the Next Shoe Dropping in Tech By James J. Cramer " We are a personal computer stock blow-up away from a great trading opportunity in tech. Everybody fully expects a fiasco on the horizon, and I am sure one will surface. I know I have stayed away from this group for what seems like a lifetime, but I also know that the group has had a major move down. In the meantime, almost every other sector has had its day in the sun. In the interim, we saw good rallies in the consumers, in the banks, and in the oils and the oil-service stocks. We had nice runs the papers, chemicals and airlines. Now these groups seem to have gotten too pumped versus tech, in my book. I know I have been loathe to get involved until Compaq ( (NYSE:CPQ - news) ) stops going down -- I am short Compaq -- but I think that tech's fundamentals have bottomed for now, and I would like to get long something. Friday, as I mentioned in my chat, I started buying some Intel ( (Nasdaq:INTC - news) ). The company was around town, saying it wasn't disappointed with its performance of late. I also feel that the Microsoft ( (Nasdaq:MSFT - news) ) announcement took the risk out of that stock for now. And these D-Rams, one day's uptick in pricing and they will explode upwards. Meanwhile, Microsoft indicated on its call that personal computer sales remain very strong. " Couple these statements with the WSJ Heard on the Street column regarding managers buying the leaders despite valuation reservations and one might conclude . . . Oh well, one might conclude almost anything.<g>