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

To: accountclosed who wrote (58745)	5/6/1999 5:45:00 PM
From: MythMan	Read Replies (1) \| Respond to of 132070

>>, Joe made quite a stretch of logic:<< No, sounds like deception at best and scamming at the worst. His election to AZW-dom was very much deserved and in hindsight, long overdue. BK is still a Myth though...

To: accountclosed who wrote (58745)	5/6/1999 6:34:00 PM
From: Michael Bakunin	Respond to of 132070

Does Joe also report the equal-weighted performance of indexes? I mistrust he does not, since it is substantially lower than the usual cap-weighted variety. The S&P 500 went up 29% last year! But equal-weighted, the gain was a moderate 12.8%. I hesitate to imagine how low the equal-weighted NASDAQ, with all its little tiny companies, must have done. Even so, I suspect his average PE number is about right. The Russell 3000 simple average is near 25; the real number, however, accounting for weight, is nearer 30. But who buys anything but the top twenty companies any more? The PE there is 40. A bargain. <g> -mb

To: accountclosed who wrote (58745)	5/6/1999 8:05:00 PM
From: Bill F.	Respond to of 132070

joey doesn't do well whne he has to deal in facts.opinions are his storng suit.(BG)