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


To: Lucretius who wrote (55766)4/12/1999 8:41:00 PM
From: gbh  Read Replies (2) | Respond to of 132070
 
LT, I'm sure you'll get many more chances to buy those poots. Its pretty clear from today's action, that even an INTC shortfall (all but impossible), or even worse, a cautionary forward guidance, will only briefly derail this train. Tech leadership will reamin in the hands of Microsoft, and with the big networkers like LU and CSCO. Add to that the big service providers like T and WCOM. Sprinkle in some GE just for good measure. There are just too many good companies out there (overpriced as they may be) for this market to do anything but briefly hiccup. INTC won't bring the market down for long. Only MSFT or GE could possibly precipitate a true crash. And it would have to be something on the order of the CPQ shortfall. Ain't gonna happen. Of course, a few couple rate increases by Big Al would change everything. But that's not in the offing any time soon either.

You know, in actuality, the bears have really had just as easy a time as the bulls, right. Aren't something like 60 or 70% of all stocks mired in a bear market right now? Maybe you guys should just be throwing darts <g>. Kind of the bulls do. We just throw them at fewer stocks.

Gary