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


To: taxman who wrote (69028)10/12/1999 8:27:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 132070
 
taxman, you're missing the point i believe...which is that the earnings GROWTH RATE isn't all that great without the additions from the GE pension fund surpluses and that doesn't sit well with a p/e of 40. as to Barron's usefulness as an investment tool, let's just say it's a mixed bag. i would agree that Abelson is mostly a fine entertainer, but he DID call the turn in crude oil prices and Japanese stocks, even though he was a mite early in both cases. i forgive him for staying bearish during the greatest investment mania of all time, i guess as an old-timer he just couldn't believe how far it went. btw, by reading Barron's interviews with various fund managers and their special sections focusing on small caps or other selected stocks i often found good ideas that were worth a play in many cases. without these articles i would probably never have known about the stocks concerned.
i know putting Barron's down is currently hip due to Abelson's steadfast bearishness throughout most of this bull market, but it remains a must read every week in my book...like i say there are many useful features, one doesn't have to agree with Abelson's views to enjoy Barron's.

regards,

hb