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Politics : Ask Michael Burke

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To: Fred Fahmy who wrote (64599)	7/14/1999 9:29:00 PM
From: Skeeter Bug	Read Replies (1) of 132070

fred, intel's growth rate has dropped from 5 years to 2 years, intel's growth rate has dropped 70%. the pe has skyrocketed. like it or not, this isn't the usual action of rational investors. neither is bidding up garbage like mu. i'm not saying mu is equal, nor even close, to intel. to way different companies. i am saying that the market is paying inflated prices for both. the magnitude of mu's inflation is much worse... but that wasn't the point. there is a ton of excess money out there and the market is where it is going. for now. fred, i actually have to give kudos to ben for his own manipulation! aren't numbers grrrreat ;-)

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