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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (34603)10/27/1998 12:35:00 AM
From: Richard Nehrboss  Read Replies (2) of 132070
 
Mike & All:

Two questions this evening;

1) As to our discussion of adjusted dollars, etc, concerning 1920's and 1990's comparisons, does anyone know what (if any.. I think there weren't any) corporate tax rates were in the 20s? If they weren't any, PE comparisons are dramatically affected.

2) How can you play foreign companies that are dramatically undervalued (as you indicated?). I'm familiar with ADRs, but I assume the best values are not available in ADRs. Suggestions?

Thanks
Richard
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