Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BGR who wrote (68709)	10/6/1999 3:55:00 PM
From: pater tenebrarum	Read Replies (1) of 132070

BGR, it is exactly the ivory tower nonsense preached by the likes of Merton , Black and Scholes that almost brought the global financial system to it's knees last year via LTCM. Ballmer on the other hand is right in the thick of the business he passed judgement on. i can tell you exactly what his observations are based on: during a time when corporate profits in the tech sector roughly doubled, stock prices have increased ten-fold. it doesn't take a genius to conclude that something is seriously out of whack. it just so happens that Ballmer's voice carries a bit of authority given his position. note that WS quickly began to invent on all sorts of funny theories to explain away what Ballmer had said. no wonder, if you conclude that he simply spoke his mind, you would have to get a bit wary of a Nasdaq sporting a p/e of 158. hb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next