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Politics : Ask Michael Burke

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To: bill meehan who wrote (48220)	2/21/1999 11:21:00 PM
From: Bonnie Bear	Read Replies (1) of 132070

Am I missing something? I see gross overvaluation in the Nifty Fifty, techs and internets. But there's a bunch of stuff that seems grossly undervalued--- anything not tied to an index. I get a 7% monthly dividend in DNP with its bucket of utility stocks, I get a 8% monthly dividend out of RFI and its bucket of REITs. And the whole sector of stocks less than $300M market cap is selling at 1990 recession prices. It's really hard for me to be bearish on this stuff...If Mr Market hates taxable dividends this much, I'm happy to take them in my IRA. The only outfit making money off my use of the internet is my local utility companies. My phone company is my ISP provider and my electric utility powers my macintosh.

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