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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (28463)5/27/1998 11:42:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
To All, These stocks look kinda puny today. They weren't even touting very much on CNBS this morning. Has somebody noticed that there is no earnings growth behind this huge pe ratio? Or, that there is something called a trade deficit? Or, that European stocks greatly outperformed domestic stocks since the first of the year?

In other words, has The Great Unwashed done a reality check? My gut feeling is that they aren't smart enough to realize what is happening yet, but I could be wrong. Stay tuned and stay well PUT. <G>

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