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

To: Spekulatius who wrote (81752)	6/18/2000 8:34:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Spek, I hate both companies and their bloated stock prices. Admittedly, both are down decently from their previous nosebleed prices, but these are more than PE ratio stocks. They are over leveraged companies who grow when the govt. is rapidly inflating the money supply, which is why they have grown nominal earnings in the past 10 years. However, when the govt. finally realizes that they have been fiscally crazy as a loon, these two will be hurting puppies. Also, they are very dependent upon politcal handouts, and I think the pols are starting to get suspicious of their "profits for us, losses for taxpayers" run and gun strategies.