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


To: marcher who wrote (82335)7/15/2000 10:56:15 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Marc, A wonderful co. that makes terrific products, Honda never looks cheap. However, it looks much cheaper than it has recently and is near a 52 week low.

The big risk is that the dollar gets weaker vs. the yen, which I am certain it will do. Again. The good news is, the buck went from 140 yen to below 90, to 108 today, and Honda's eps continued to climb. I don't think the next crash in the dollar will be worse than that. And we could get a temporary hiccup in the green blob.

So, I don't think Honda is dirt cheap, but it is quality and this could be a good entry point.