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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (15700)5/13/1998 8:57:00 AM
From: Mike M2  Read Replies (2) | Respond to of 18056
 
Pete, nothing wrong with cash. Bear mkt in stks-it's coming is like a bull mkt in cash. I know I sound negative but that's de way I see it. If you want to hear "don't worry be happy" watch CNBC -get to see Kate B too hohoho. So you don't see troubled times-wait until de mkt tanks and all the baby brats are screaming.-g- Did you see de forbes article on de options Smithers figures the S&P PE is more like 35 rather than de record 28 when the real cost of options is figured. There are many other factors which make the quality and sustainability of earnings questionable. BTW Fleckenstein and Hickey are mentioned in de forbes issue 5/18 p. 318 Later Mike



To: MythMan who wrote (15700)5/13/1998 8:59:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 18056
 
Pete is nothing wrong with CASH it still returns around 4.5% without risk. By taking "inflation risk" you may get 5.5% it is not worth IMHO.

Now as for gambling in the stock market that is a complete other story. Just bought 100,000 shares of a great underpriced company KTEL <gggg>

BWDIK

Haim


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