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

To: Knighty Tin who wrote (35796)	11/11/1998 11:48:00 AM
From: Paul Engel	Read Replies (4) \| Respond to of 132070

Michael Bearke - Re: " Intel manipulated the great unwashed fairly cleverly this time. " Wrong again - still won't admit it. Paul

To: Knighty Tin who wrote (35796)	11/11/1998 4:43:00 PM
From: MONACO	Read Replies (2) \| Respond to of 132070

Tough to be caught short Mike.....M

To: Knighty Tin who wrote (35796)	11/11/1998 5:02:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

Here come the dodos. A good sign for bears. Dodos should stay at their own latitude. We are now beyond 1929. Not as far beyond as Tokyo got in last decade but about as far as the silver bubble or the other more ancient famous manias. Tokyo never has got down to a truly sane range of P/Es and book values. There is always madness in the world and we are all more or less insane. The great labor is to be a little less insane than most other people. To most people, current economic conditions are wonderful and are destined to remain so, much as they were for U.S. automobile workers in the early 1960s--or for any group temporarily favored by good times and good fortune. Sometimes good times can go on for a very long time--but usually only for small sectors, such as 18th-century European landed aristocracy. Equity markets now seem to me like a Casino in which people are playing with monopoly money and imagine that they can redeem it for real money whenever they choose to leave--or where the chips fluctuate in value.