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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (69177)10/17/1999 11:43:00 AM
From: re3  Read Replies (1) of 132070
 
michael, you mentioned buying merck at 8 x earnings...i guess paying for a pe of eight is ok for good quality growth stocks <g> i was thinking of thefarmerinthedell...if the pe skids to 10 (does it deserve even that ?) we'd have a stock price of six...

may us pooters live in interesting times <g>

i find it interesting that educated people who work in complex professions can't see its silly to have the nasdaq at a pe of over 100...wasn't there a time people's jaws dropped at the thought of a 100 year bond ? who knows what will happen along the way...but i trust mickey mouse will be around to entertain kids...will the big co's in the nas be around ?

ike
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