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

To: Knighty Tin who wrote (33932)10/15/1998 3:52:00 AM
From: steve susko  Read Replies (1) | Respond to of 132070
 
what do you think the bottom of Dow could be this year?

Looks like it is reaching an equilibrium between 7500 and 8000. Overvalue on one side and too much money chasing too few assets on the other.



To: Knighty Tin who wrote (33932)10/15/1998 5:50:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
To All, Anglo American Corp will be restructuring and listing on the London Stock Exchange. These are efforts to get rid of the stock's 25% discount to the net assets it owns. The reason I mention it is because the largest shareholder in Anglo American is DeBeers, which I own. If they can get this dog anywhere near fair value, it will boost DeBeers stock.

MB


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