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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (67530)9/11/1999 1:51:00 PM
From: re3  Read Replies (1) | Respond to of 132070
 
Michael , sitting around fat, happy and doing nothing sometimes pays better than betting on the market <g>

being lazy and cynical of mind is far better than buying compaq at 50 and thanking your broker for the recommendation , doncha think ?

ike



To: Knighty Tin who wrote (67530)9/11/1999 3:46:00 PM
From: james paterson  Read Replies (2) | Respond to of 132070
 
Mike & all, I don't know if you've seen this, but this guy does a great job, IMO, of explaining how your friend
Allan the Philosopher-King counterfeiter has allowed households to monetize their investment cap gains & real estate gains.

ntrs.com



To: Knighty Tin who wrote (67530)9/12/1999 8:27:00 AM
From: Les H  Read Replies (3) | Respond to of 132070
 
Dow 36,000: The Case for a New Stock Market Model
by James Glassman

washingtonpost.com

He has a fair value for Fannie Mae at $ 315.

I guess if we extend out the time horizon for expected future value out to infinity, anything is possible.

His last great forecast, that I recall, was the recommendation to buy the oilfield services in October '97.
He also had one before that on semiconductors in October '95. He also had articles on REITs last year and on internets in April this year, but I've pretty much ignored most of his forecasts since he primarily issues other people's recomendations (i.e., mf managers or newsletter publishers) rather than his own.

Also,

When is an Expense Not an Expense
by Gretchen Morgenson

nytimes.com



To: Knighty Tin who wrote (67530)9/12/1999 5:49:00 PM
From: Jack Clarke  Read Replies (1) | Respond to of 132070
 
Michael:

I understand that Alger Hiss
was nicer than the other Nazis


Are you getting Alger Hiss (Communist) mixed up with Rudolf Hess (Nazi)?

Great summary of the Barron's issue. I read that Glassman thing in the Atlantic and was torn between laughter and nausea.

Jack