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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (53442)	3/25/1999 5:47:00 PM
From: jim kelley	Read Replies (4) of 132070

MB, For the relatively unsophisticated, P/E is what determines whether or not they get a good buy. For the more sophisticated, PEG is a more important factor in determining good buy in a stock. For the really sophisticated investor, the determining factor in a purchase is the three to five year discounted cash flow and profit of the company. Thus, your criteria for an over priced stock is the least sophisticated of all measures. Come on Mike you can do better than that with your MBA degree. Greespan use the discounted cash model. JK

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