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

To: Knighty Tin who wrote (96765)	7/20/2002 7:39:35 PM
From: Snowshoe	Read Replies (1) \| Respond to of 132070

First, he says to forget about regular bear markets. This one can only be compared to 1929, 1965-1972 and 1989 in Japan. I didn't understand that sentence and don't know if all those are Japanese bears or just 1989. KT, those years referred to bubbles, not bears. Bears are the furry clawed critters that reach up and pop the bubbles <g>. The weirdest comment is about not liking gold because it has no yield. Fair enough. I could argue that ASA has a yield, but I get his point. Then he recommends buying timber. Uh, last time I looked, wood didn't have a yield, either. Maybe not in Texas, because of the drought. In my part of the world you can plant a tree and it will grow. Plant a gold nugget and it just sits there. OK, it might attract investors <g>.

To: Knighty Tin who wrote (96765)	7/20/2002 11:02:38 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

Uh, last time I looked, wood didn't have a yield, either. you just didn't look at my wood. ;-) darn good thing, too! -lol- hey, thanks for the review. americans aren't dumb... they are just real, real slow... i'm waiting for someone to say stock options must be expensed... now that would hurt the "bottom line."

To: Knighty Tin who wrote (96765)	7/21/2002 4:06:09 PM
From: John Pitera	Read Replies (1) \| Respond to of 132070

Really good synopsis Michael.... After checking out your highlights, I realize I do need to get my deadwood copy out... How have you been?

To: Knighty Tin who wrote (96765)	7/23/2002 5:48:52 PM
From: Sanjay Mazumdar	Read Replies (2) \| Respond to of 132070

Hi KT/MB, I have just a couple of observations. First I must admit I don't have many years of experience investing only since ('92). Other than hi tech and pharmaceuticals the only stock I have bought is FNM. Since I have worked only in pharmaceutical and tech companies these are the only businesses I understand. That said this is the cheapest that I have never seen the markets become at least in terms of individual stocks but everyone seems to think that the market is overvalued. I am long tech I am buying a lot of tech stocks. First when the economy shrinks there is a lag before companies can cut costs before they position them selves to be profitable again. My question is this if a company is selling near or below cash value then the business is practically free; why should I care what the index does when I think I may actually have an opportunity of a lifetime to buy some of these companies. Many of these companies are growing fast in sales and even some with earnings. Some have excellent business models. Some are new and some are old but I don't think they are all going to disappear. Again this is a good forum lots of people whose posts are good. What is wrong with my logic. At the current interest rates why should I put my money in bonds. Why not buy equities and tech equities at that?