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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: McNabb Brothers who wrote (15990)5/17/2001 7:33:59 PM
From: William B. Kohn  Read Replies (1) | Respond to of 30051
 
Hank,

Realizing that I'm feeling all alone, I still can't help but wonder if the key DOW Components, GE, Ford, GM, etc. are worth multiples beyond the likes that we have ever seen in these companies since they were small caps. I may miss this market entirely, but I still can't rationalize prices at this level.

Bill

PS. I guess that the one analyst who seems to be willing to put money where his mouth is, is Warren Buffet and he also is questioning evaluations. Love him or not he is one of the sharpest minds on the street, and he isn't buying equities at these levels.