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


To: Stefan who wrote (54315)4/2/1999 11:45:00 AM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
Stefan, Good piece. Some goof was on CNBS yesterday and he said, "yes, earnings growth is declining (it was actually negative, but you can't expect a bull to tell the truth), but the good news is, interest rates are lower so we can capitalize them at a higher pe ratio." I almost swallowed my choppers on that one, and I don't have false teeth. <g>