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: PaperChase who wrote (69105)	10/15/1999 10:24:00 AM
From: Knighty Tin	Read Replies (8) of 132070

To All, Golly gee, this game is easy. PC says that QQQ is rigged to go up all the time at 129 and change and you can sell your puts for a double 2 days later. <g> Just a note on CNBS. Louis Navallier and Kathleen Hays were waxing moronic this morning on CNBS, and these are two commentators who often show they have some gray matter. Both said something along the line of buy great companies and hold them through the turbulence. Nary a mention of valuation. No price is too high? 30 times eps for less than 10% growth, as we have right now. How about 1000 times eps for 5% growth, which we will have soon? Doesn't matter. In 200 years, your investment in an overpriced stock, as an ongoing business, will catch up to what you would have made as a bondholder from these levels. <g> Truly stupid stuff. MB, who is shooting for 200 years old. <g>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next