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: AurumRabosa who wrote (69694)	10/28/1999 3:57:00 PM
From: Freedom Fighter	Read Replies (1) of 132070

Ron, It means that Abby changes her models and inputs so she can say the only thing she knows how to say when it comes to the market. (undervalued and up) Seriously, most people believe that a dollar of earnings is worth more as interest rates fall and less as they rise. They compare the earnings yield of a stock to interest rates, discount free cash flow etc... Others believe there is a relationship between interest rates and the return that businesses will get on their investments. Others believe that all of this stuff balances out and stock prices in aggregate tend to revert to their replacement cost regardless of interest rates. I'm not sure what Abby believes. I haven't been able to make any sense of her model. All I know is that no matter where earnings, interest rates, and stock prices go, they are always undervalued and will go up. Wayne

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next