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


To: Mike M2 who wrote (71057)11/28/1999 8:42:00 PM
From: Simba  Read Replies (1) | Respond to of 132070
 
Mr. Magner:

Dr. Richebacher says in the article you posted:
Compared to a year ago, profits per share on the S&P 500 have declined from $39.72 to $37.71, and on the S&P Industrial Index from $42.13 to $38.37. Over that time, as all investors know, share prices on the S&P 500 have risen spectacularly.

from IBES data the SP500 is close to earning $50 this year and about $54 consensus top-down for 2000 ($58 consensus bottom-up for 2000).

So is Richebacher's data good ? Even so I agree with all of what he says and the market is extemely valued even considering IBES numbers.

Simba



To: Mike M2 who wrote (71057)12/15/1999 8:16:00 PM
From: MR. PANAMA (I am a PLAYER)  Read Replies (1) | Respond to of 132070
 
Will...sorry fer da delay in gettin back Brudder....been out of station fer a twee weeks and only get on a few times...but gettin off many times !!!!

Have not seen CNBC fer twee weeks cause me Hotel of Love does not subscribe to it...imagin dat...GRIM with so much more time on his hands...will not be connected to reel to reel world fer a fewmore weeks....Me tan is really great and hair is hot hot hot.

Will check out dat link and if I do not speak to you fer a while have a Merry Xmas...

Fondly....Your Panama...

PS Panama in da news a lot ....going to fly a sortie with me attack trained Doberman Brutus over me canal soon.
Brutus will fly the return trip and looks mighty dapper with his new snoopy sunglasses...

God Bless and remember to give a little more to the poor this Xmas.