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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity? -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (25)8/30/1998 10:13:00 AM
From: Wallace Rivers  Read Replies (3) | Respond to of 175
 
Jeff, you've started a great, thought provoking thread. I have considered starting one devoted to Mr. G, but haven't as yet. I've posted on many other threads about my frustration with his and the FOMC board's non-action. I just don't get it, they are just so paranoid about wage inflation (even afraid of PROSPERITY IMHO!), meanwhile you have oil and the CRB in free fall, virtually nil sign of inflation save for the aforementioned uptick in wages, and Mr. G must be satiated now that we have, by and large, blown off "irrational exuberance"! Meanwhile, the yield curve is inverted, which often portends not too good consequences for the economy.
To paraphrase you, Give us a break, Al - lower rates!



To: Jeffrey L. Henken who wrote (25)8/30/1998 4:27:00 PM
From: Brenda L. Greer  Read Replies (2) | Respond to of 175
 
Hi Jeff! This is a good idea for a thread because so many people are worried about their money in this market. I do think we will get a recovery starting Tuesday. I never said which Tuesday though so you can blame someone else if I am wrong.

Brenda L. Greer



To: Jeffrey L. Henken who wrote (25)8/30/1998 6:27:00 PM
From: Ray Tarke  Read Replies (2) | Respond to of 175
 
Maybe off topic- The internet media stock madness


In my opinion overvalue stock AMZN.

AMAZON has of Friday's close market cap of 5.28 billion.. sure revenues have increase by acquisition and leader in there field, but there short term debt is 72.million and long term is 333. million. The company has never turn a profit and will not be profitable until the ( maybe )year 2001..by then you will see allot more competition.

A book value of .79 cents :
rapidresearch.com

Looks dangerous to me at this level. Unless you are a short.

Personaly i think fair value is 15.00.

Sometimes i wonder is not how great the stock is.. but what relationship is got in wall street with the right Brokerage firms.

Gee I got a stock under .40 cents that I rather own !

Regards,

R.T