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


To: Knighty Tin who wrote (36206)11/13/1998 8:24:00 PM
From: accountclosed  Read Replies (1) | Respond to of 132070
 
we need to start a new thread to post all of your nicknames for alan the printer



To: Knighty Tin who wrote (36206)11/14/1998 6:33:00 AM
From: accountclosed  Read Replies (1) | Respond to of 132070
 
If by chance you read this before you respond to my question on steels...apparently it came across to at least one reader as the question of a rookie.

read Message 6416881 first.

i didn't mean this as a rookie question.

ns is selling for a song versus book. mu is selling for 4 times book versus ns at 1/5 of book. this is a factor of 20 different. headlines in both cases read "dumping in commodity business".

I don't think steels are some glamorous growth industry. I didn't do much homework on NS specifically and perhaps there are accounting irregularities.

But just as the internut of the day is a distortion, I think the steel valuation points out a distortion. Perhaps my line of questioning is all backwards in presentation to the thread. If you took the reasoning used in articles about steel valuations, redacted some of the give away words like "steel" and "factory" and replaced them with "dram" and "simm" and "fab", would you get an article about mu? And what does this tell us about mu???