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Politics : Ask Michael Burke

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To: Nadine Carroll who wrote (87806)1/3/2001 12:15:05 PM
From: Knighty Tin  Read Replies (6) of 132070
 
Nadine, I think I may have missed the point of your note. If it was about valuation, then I did. I am not really a low pe disciple, though I do use that technique. I often buy stocks with much higher valuations when I believe the fundamentals deserve it. My big complaint has been high valuations on stuff where the fundamentals aren't even good, much less gangbusters. So, stocks like TIBX and BEAS are certainly pricey, but their capability to achieve mega growth looks pretty solid to me. Speculative, hence the use of long calls and not long stock, but cos. I would like to ride the river with, at least until flood tide. <g>
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