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Politics : Ask Michael Burke

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To: Joan Osland Graffius who wrote (69992)	11/3/1999 11:29:00 AM
From: Knighty Tin	Read Replies (6) of 132070

Joan, Good comments. The only point I would add is that even the great majority of juniors are overpriced relative to their values as operating cos. They just look cheap relative to the silly stuff. The main tool the govt. has now is faking statistics. So far, they have changed the way 12 different stats are calculated during the Clinton Presidency (that I am aware of). And, surprise, surprise, every single change "proved" that the numbers were better than we had been hearing. How long will investors accept propaganda as gospel? I don't really know.

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