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Politics : Ask Michael Burke

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To: Lee Lichterman III who wrote (34683)	10/28/1998 11:27:00 AM
From: Ilaine	Read Replies (2) of 132070

>>>>On the investing side though, time is irrelevant IMO and only good companies with solid FA and low PEs are a good play that can be bought, put in a drawer for years and forgotten about except to check occasionally to make sure no fundamentals have changed. Eventually, the market figures out who is worth what. Buy low and sell high.<<<< Lee, IMO, if our goal is to buy low and sell high, then time is not irrelevant. If the market is overvalued, how do you buy low? And if the bears on this thread are right, after the Big Kahuna, how you gonna sell high? CobaltBlue

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