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To: epicure who wrote (234)1/19/2000 10:57:00 AM
From: Ilaine  Read Replies (3) | Respond to of 344
 
I am uncomfortable with the levels of the market, too, so I am just bouncing ideas off you. Lockheed Martin and Raytheon look "dirt cheap" by historical standards, but I have no idea what they are "worth." If there is "rotation", whatever the heck that is, into that sector, they'd be worth having bought. I could do a nice financial analysis, plug in projected income stream from future products, but I guess I feel pretty discouraged that rational stock pricing works.