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


To: John Koligman who wrote (78345)3/22/2000 3:34:00 PM
From: Michael Bakunin  Respond to of 132070
 
Hmm -- INTC at 25 would be interesting. I might be buying if it dropped down there tomorrow, since an optimistic scenario rewards investors with great returns, and a realistic one still involves reasonable compensation. At 140 (or even at 100), only an extremely optimistic scenario compensates you for the risks you're taking -- and not very well, unless (and this is my one caveat) you believe that GDP can grow much faster than the Fed's current estimate of its 'speed limit' long term. -mb