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

To: John Graybill who wrote (59543)	5/17/1999 5:04:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 132070

Higher inflation is bullish, because it will allow companies to show sequential growth in EPS. For example, a company that had $1.00 per share in EPS will show $1.05 in EPS if prices rise 5%. If prices rise 10%, the same company can show $1.10 even if growth is completely flat. Yes, the macro environment truly doesn't matter since we've minted the new pair of dimes. <g> Barb

To: John Graybill who wrote (59543)	5/18/1999 11:32:00 AM
From: John Graybill	Read Replies (1) \| Respond to of 132070

"They" sure are making a big show about today's FOMC meeting having some uncertainty, or even significance. MU's traded only about 700K shares so far -- all that "nervousness", that's it. Hmmm, down hard two days before an FOMC meeting, oh my I just don't know what to do, the result from such a scenario was exactly the same only seven or eight times in a row over the past year, oh how can that guide me in trying to guess the market direction for the rest of the week, oh woe is me...