Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: JMD who wrote (3091)	4/18/2001 3:24:32 PM
From: jim black	Read Replies (1) of 74559

Hi! Mike...do the guys at the "___" know you are lurking around here yet? (VBG) I share your concerns. Tried today thru Schwab broker to investigate Swiss Franc denominated annuities but they don't deal with foreign securities. In short I want earnings that translate into dividends over long haul. Several weeks ago Warren Buffet himself said he saw no stocks that looked cheap. I see NOTHING that looks cheap. Noting today that, e.g., QCOM juped nearly 8 points last time I looked and that they remain heavily dependent on psychological reliance on Chinese deployment of CDMA, and dubya apparently ready to resume a cold war policy, that wonderful company looks like it has a prohibitively expensive stock to me...you find anything you think is a bargain, you share it with us on this thread, okay? For the life of me I don't see what drives this mania...pe's of 20 are considered CHEAP and you're really lucky if you get a dividend at all, to wit, MSFT, CSCO, ORCL, the list being endless. Welcome to our thread once more, Jim Black

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