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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (43496)1/16/1999 11:50:00 AM
From: Stephen L. Smith  Read Replies (1) of 132070
 
From today's SF Chronicle:

Abby Joseph Cohen, one of Wall Street's most influential bulls, told a group of Bay Area business leaders yesterday that she expects the market to continue its charge ahead this year.
...Cohen is even positive on Internet stocks, saying that they are not necessarily overvalued. "We think that the valuation models that are based on market share and based on revenue growth do make sense," Cohen said, adding that more traditional measures of stock-market value such as price to cash flow or earnings do not necessarily work for companies in fast-growing industries...
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