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Politics : Ask Michael Burke
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To: Freedom Fighter who wrote (77988)3/17/2000 12:46:00 AM
From: Spekulatius  Read Replies (1) of 132070
 
Insurance companies -
I waited to pull the trigger on insurance companies for a long time and finally did this morning. I went into ALL and MCY. Insurance stocks are ridiculously cheap with depressed PE's of less then 10. They always seem to go though boom and bust cycles but I have never seen them so cheap on a relative base. I would not sell BRK too early. These stocks are so cheap that with a bit money flow from momentum players these stocks will party like rock stars (or should I say like internuts....).
JMHO
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