Hi Mike,
It has been a while since I've "Asked Michael Burke", so I will
make up for lost time <g>.
Why was the CPI so much lower than the PPI? Does it usually take a
while for the higher prices paid by the producers to leak down
to the prices charged to the consumers, or what?
Do you have any opinion on Sara Lee (SLE), or Genuine Parts (GPC)?
Both seem to be good cos. that are trading at "okay" prices,
although the overall market is still high enough that I am reluctant
to buy much of anything.
Also, the big pharmaceuticals are pretty far off their highs. Not
exactly at 8x earnings <g>, but which ones do you like, and at
approximately what price?
Finally, a friend of mine is interested in Apple, I know that you
hate the boxmakers in general, but I haven't heard you say much
against AAPL as DELL, GTW and CPQ. Any thoughts?
Thanks for your time.
Zach |
