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Politics : Ask Michael Burke

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To: Tommaso who wrote (100067)12/29/2003 12:38:32 PM
From: Joan Osland Graffius  Read Replies (1) of 132070
 
Tommaso,

These commodity based companies; metals, energy and food, just keep on being bought.

I am risk averse to companies that carry a large debt load and BG has a fair amount of debt. If they can make good profits and if the companies plan is to pay down this debt things could be good for the stockholder.

What people are paying for some of the US companies is just plain nuts.

It looks like the powers are bidding up the US stock market to keep the foreigners from selling in mass. How long they can keep this up - who knows.
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