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

To: accountclosed who wrote (78978)	4/4/2000 12:24:00 PM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

Antman, >>what is your opinion of current fair value of the dow, s&p 500, and nasdaq?<< Cut them in half based on reported earnings. Strip out all the accounting gimmicks and the hyper stock market gain's own positive impact on economic activity and earnings and you can cut some companies in half again. The DOW is the most reasonably valued and the Nascrap is the least reasonably valued. Wayne

To: accountclosed who wrote (78978)	4/4/2000 12:53:00 PM
From: Mike M2	Read Replies (1) \| Respond to of 132070

ANT, markets go to extremes and there is a correlation between the excesses on the up and down side. the bigger the boom the bigger the bust. As the market becomes more aware that the Clinton economic miracle was a mirage built on unprecedented credit excesses, questionable accounting, manipulation of economic statistics, CNBS infomercial style etc. The Ponzi scheme will be over and we shall see severe TL & EV. mike ho ho ho