Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Knighty Tin who wrote (48066)	2/20/1999 4:13:00 PM
From: Eggolas Moria	Read Replies (1) \| Respond to of 132070

<<3. IBM had a full page ad for nearly all of their PC and PC related line. If a small business uses the corporate American Express card, they get 10% off any of these items. Uh, I thought there was no buildup in the channel and small businesses were buying like crazy? <VBG> >> I was surprised that the offer was only by phone and not available over the Web. Hasn't anyone there heard of sales tax?

To: Knighty Tin who wrote (48066)	2/21/1999 1:32:00 PM
From: Shane M	Read Replies (1) \| Respond to of 132070

MB, Some comments on market breadth hiding in those numbers. >>>>5. John Hussman, of Hussman Econometrics, has the letter of the week. If we drop down to a fairly bloated market pe ratio of 20 times and have eps growth of 5.7% over the next 10 years, the S&P 500 will be priced where it is right now. <g> Too bad we won't get the 5.7% is my main comment to that logic.<<<<<< From the Feb 4th Morgan Stanley/Dean Witter Feb 4th "market watch", in the S&P 500, the top 50 high PE stocks have an average PE 50.9, while the bottom 450 have an average PE of 20.2. "The 50 stocks with the highest multiples account for 25% of the total capitalization of the S &P 500." The numbers are also broken out a second way: "The fifty largest stocks in the S&P 500 by capitalization have an average multiple of 29 and account for 55% of the total capitalization of the index. Ther remaining 450 have an average mulitple of 20...." Not than a market multiple of 20 is a good deal on any of these, but this has to be looked at as a multi-tiered market IMO. As an asset class, small caps in particular still look cheap to me. Shane

To: Knighty Tin who wrote (48066)	2/21/1999 4:58:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

A good link to get brokers' buy/sell (buy: nobody ever sells any more) very quickly, maybe other stuff: josephcharles.com I was checking on Providian using Alta Vista and find quite a number of complaints about the company from customers. Some of these are such that you would think their legal department would be trying to clean them off the web. This site was posted on the Kahuna thread--though it's a subscription site, there's lots of interesting information: thegreaterfool.com See especially Bernard Baruch's "Memo to Himself" under "Voices from Yesteryear"