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Politics : Ask Michael Burke

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To: Mary Cluney who wrote (38308)	12/5/1998 8:24:00 PM
From: accountclosed	Read Replies (2) of 132070

Mary, I think the question we are all trying to ask is what is a company worth? We are all trying to buy it for less than what it is intrinsically worth. First point is that CobaltBlue is posturing herself as if she doesn't need a model. Whether you think the old models are out and valuation is different this time, I submit that one still needs a model or one is lost. Second point, I don't do the "different this time" or "new paradigm" type arguments. Plus ca change, plus ca meme chose. Stocks are overvalued. To argue that we old fuddy duddy's don't understand the new valuation paradigm is a little ridiculous in a way. Like, hey MB the internet is out there, haven't you heard? He only is on it eight hours a day. I don't know you and hate to judge where you are coming from on the very few posts I have seen from you. Given that disclaimer, your post sounds like capitulation to me.

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