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


To: IceShark who wrote (37833)12/1/1998 7:01:00 AM
From: accountclosed  Respond to of 132070
 
Hey Ice, relax.

This was a question. Note the "?" at the end of the sentence. You refer to "logic" and then tell me to apply a present value calculation so that I understand the situation. I didn't offer any conclusion. I asked a question.

On the other thread yesterday, you said I didn't understand risk when I stated that with high market valuations, it was attractive to companies to issue stock rather than bonds.

So again, relax before you fire.

Now. Another question (not logic, not a conclusion). Do you think that your observations about coming weakness in the price of oil is already factored into the market (it appears not), or do you think that you are alone with this clear view (so what do you think you are seeing more clearly than the market's discounting mechanism)?