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Politics : Ask Michael Burke

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To: accountclosed who wrote (78978)4/4/2000 12:24:00 PM
From: Freedom Fighter  Read Replies (1) of 132070
 
Antman,

>>what is your opinion of current fair value of the dow, s&p 500, and nasdaq?<<

Cut them in half based on reported earnings. Strip out all the accounting gimmicks and the hyper stock market gain's own positive impact on economic activity and earnings and you can cut some companies in half again.

The DOW is the most reasonably valued and the Nascrap is the least reasonably valued.

Wayne
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