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

To: Steve Misic who wrote (29973)	7/19/1998 11:49:00 AM
From: Knighty Tin	Respond to of 132070

Steve, Alas, my book is not due and is so out of date by now that I wouldn't allow it to be published even if somebody wanted to publish it, which they don't. I am not an index lover, but I think the Dow is the most overpriced and the most vulnerable, followed closely by the Nasdaq 100. I can make up scenarios, which I don't believe, where the Nasdaq stocks could actually grow earnings to deseerve their prices over the next 5 years, but stodgy old moderate growers like Coke and Gillette have no chance of being worth what folks are paying for them. MB