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Politics : Ask Michael Burke
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To: abraves who wrote (46209)2/9/1999 10:06:00 AM
From: Knighty Tin  Read Replies (1) of 132070
 
Abraves, But where was Dell priced then and where is it priced now. Nobody says they are going bankrupt, but at over 100 times eps, they have to show spectacular growth.

As far as owning overpriced stocks goes, you have obviously never seen a bear market. All of your former returns go away when they occur. And, guaranteed, you cannot sell after everyone knows about it because that is when the overpriced fluff is selling at 8 times non-existent eps. <G>

There are scores of safer, smarter ways to beat MM performance. I know. I used to do it all the time when I was a MM. <G>

MB
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