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Politics : Ask Michael Burke

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To: Mike M2 who wrote (27754)	4/28/1998 6:55:00 PM
From: Skeeter Bug	Read Replies (1) of 132070

mike, something as dumb as tulip mania lasted 3 three years. they were probably absurdly overpriced after 15 minutes to those not blinded by greed. what is wrong with a 5% growth company trading at a 50 pe? lots. it can lose 90% of its value and still be overvalued if we hit a serious bump in shangri-la - which is guaranteed to happen eventually. i don't want to be in that stock when it does...

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