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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (67530)	9/12/1999 8:27:00 AM
From: Les H	Read Replies (3) of 132070

Dow 36,000: The Case for a New Stock Market Model by James Glassman washingtonpost.com He has a fair value for Fannie Mae at $ 315. I guess if we extend out the time horizon for expected future value out to infinity, anything is possible. His last great forecast, that I recall, was the recommendation to buy the oilfield services in October '97. He also had one before that on semiconductors in October '95. He also had articles on REITs last year and on internets in April this year, but I've pretty much ignored most of his forecasts since he primarily issues other people's recomendations (i.e., mf managers or newsletter publishers) rather than his own. Also, When is an Expense Not an Expense by Gretchen Morgenson nytimes.com

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