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

To: geewiz who wrote (26939)	3/24/1998 10:49:00 AM
From: Knighty Tin	Read Replies (4) \| Respond to of 132070

Gee, I'll have to look at it when it arrives. Mags are slow since my move. Yardeni is something of a "value" player who relies on PE ratios. He is no dummy. All of the stocks you mention have low nominal PEs, but, in many cases, the quality of the E part is highly suspect. On the banks, I don't think they can keep up hot trading and derivatives profits forever. They never have in the past. Besides, if they are profitable, the traders get such huge bonuses that they guarantee a bloodbath at the first misstep. MB