Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: don ryndak who wrote (27359)	4/12/1998 11:06:00 AM
From: Knighty Tin	Read Replies (4) \| Respond to of 132070

Dan, I think the Japanese Webs, EWJ, are a bargain, though not as big a bargain as they were where I bought my first third. I prefer the smaller cap stocks, but there really isn't any good way to play them in a diversified portfolio. An 8 PE isn't bad, but for highly cyclical cos. like autos, it also isn't a world beater. Whenever I start to think that US auto cos are cheap, I always remember that they don't really make very good products. They are sort of the Packard-Bell of the auto industry. I think Ford's products, across the board, are better than GMs (ex the Toyota Corolla based Prism and the Saturn, which I never figured out how they could make so well), but they certainly lag the big 3 Japanese producers in quality and reliability. Even some of the European cars are better. So, I usually don't buy these cos. I have a thing for quality in the products of the cos I own. That isn't always smart, because as the secret motto at Chrysler says, "crap sells." -g- MB