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Politics : Ask Michael Burke

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To: accountclosed who wrote (39102)12/11/1998 11:22:00 AM
From: Ilaine  Read Replies (2) of 132070
 
AR, why do you assume I am a value investor? I don't think I am. I think I am trying to be a growth investor, with a sideline in special situations. In fact, for value, I am probably going to put my 1998 Keogh money into a value mutual fund, maybe one of the Weiss funds.

I mean, how do you really value a biotech? By the time it's got an income stream that would satisfy Graham, it's too late to make good money. Remember, Graham's analysis does not always work, it kept him from investing in IBM, if you recall.
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