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

To: IceShark who wrote (34663)	10/28/1998 12:45:00 AM
From: Ilaine	Read Replies (1) \| Respond to of 132070

>>>>>While I won't compare IBM with tulip bulbs, let me hear you justify AMZN.<<<<< Not me, brother. I can't justify it, but I don't doubt it. I was thinking about this argument earlier, I was trying to conceptualize why plain ordinary corporations like we grew up with are now - - what is the metaphor/lingo, seems kind of silly, sometimes, the way we used to talk, "drugs on the market," "can't get arrested," anyway, they are out of favor. They aren't Dell nor Amazon.com nor AOL, and they are selling really, really cheap, and have been for a while. There are some who would buy such securities now, just because they are cheap, I understand, as followers of Benjamin Graham. Others, e.g., Peter Lynch, would ask, what is going to make them grow? I could buy some, and just wait, like Field of Dreams, "if I buy it, it will grow." Hey, experienced investors like Burke can do that, but I don't believe it until I see it, so that means that during the first cycle, I will just sit and watch. Eventually, I may become a believer, if I live that long. In the meantime, I see that, even when the market plummets, some stocks seem to resist the fall, and bob upward. I may be a fool, but I am not stupid. They may be overvalued, but you can't argue with the laws of physics. CobaltBlue