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

To: Knighty Tin who wrote (53558)	3/26/1999 11:31:00 AM
From: Eggolas Moria	Read Replies (1) \| Respond to of 132070

I just went onto the DELL page and guess what? They don't sell a sub-$1,000 Celeron 333 anymore. It's now $1029.

To: Knighty Tin who wrote (53558)	3/26/1999 11:38:00 AM
From: David Rosenthal	Read Replies (2) \| Respond to of 132070

Michael, Don't the analysts still get this PC business wrong? They talk about low-end being the growing market segment but isn't this just the end game? It is the last area left for growth in mature PC markets. And since it is a high-volume, low-margin business, how long will it take before the low-end demand is used up? What then? Dave

To: Knighty Tin who wrote (53558)	3/26/1999 11:39:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

why aren't all those people buying those more expensive one up since they will pay more per our econ challenged article? ;-)

To: Knighty Tin who wrote (53558)	3/27/1999 5:15:00 PM
From: Knighty Tin	Read Replies (5) \| Respond to of 132070

To All, Barron's review: Decent issue, though kind of a quick read. Again, mostly bullish. 1. Abelson quotes a very funny piece about breadth and how one's unidentified person's life was such that he came into contact with nothing but the majority of companys whose stock has declined in recent years. He missed a few. For example, he says the man enjoyed toast from Interstate Bakeries (off 38% from its 12 months high), but he made a huge error on the grin-a-thon by not mentioning that is was browned in a Sunbeam (off 90%) toaster. Of course, I would have wrecked it by saying, over the top, that when the toast popped out and fell on his pants, it was DONELAP. <g> Fun stuff. 2. An article about downwardly revised Dow eps. They are still too high and the S&P 500 eps analysts are forecasting had to be created in an opium den. Just ain't gonna happen. 3. A very interesting discussion of a hedge fund called Paloma. How this guy got clients, I'll never know. Don't they do any checking? 4. A dandy but incomplete article about how CPAs have been dropping the ball on catching eps scams. They mainly concentrate on the reorganization sleight of hand, but there is so much more: put warrants, channel stuffing, receivables dumps, inventory buildups, employee options, executive raping of the shareholders' money, one time gains as well as losses, etc. 5. Poor old David Alger is still quoting Ronnie Reagan surprise side economic flapdoodle and touting any stock that went up yesterday. I still wonder what happened in the 1980s that got his brother to leave the country quickly. They didn't cover the juicy stuff. <g> 6. Epstein tells us that we are deeply in debt, but it is being well spent. Nonsense, but interesting. 7. The Market Watch page is especially good this week. The Peter Dag letter agrees with Earlie that the Fed is engineering a slowdown in money growth and that it will hurt the market. Devoe makes a great comparison between day traders being suckered in the stock market and gamblers arriving in Las Vegas. Michael Berger, who is almost named right <g>, mentions that consumer debt is 96% of disposable income and that that is an all-time record. I didn't understand what the heck The Institutional View was talking about. 8. Laszlo take some heat in the Mailbag, as does the silly article from last week about the Nifty Fifty. 9. Andy Bary makes a misstep in The Trader. He mentions that Dell is trading lower despite the fact that there have been no negative statements from the co. Au contraire. Predicting slower revenue growth and "risking margins," is about as negative statement as you will ever get from these carny shils. 10. Some guy I don't know from Waddell & Reed is featured. Although the title mentions puts, it is putable bonds, not publicly traded puts. Yawn! MB