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


To: Knighty Tin who wrote (58776)5/7/1999 9:08:00 AM
From: re3  Respond to of 132070
 
Up, down , across, sideways, the delicate brokers get their pound of flesh...oops Canada has gone metric, i mean a kilogram of flesh...

H



To: Knighty Tin who wrote (58776)5/8/1999 2:57:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
To All, Barron's review. Not a very good issue. All the good stuff was in little blurbs, not in the main articles.

1. Abelson takes another shot at Amazon.Com. Funny stuff. Another way to calculate fair value at $8 per share.

2. A piece saying S&P 500 earnings are going to grow at 17.2% this year and 17.3% next. <vbg> They haven't done that well yet in this credit bubble, but the next two years will be much better. I especially love the parts after the decimal point, as they are usually off 10% or more on the handle.

3. Interview with a tech stock hedge fund manager. He is long the usual suspects, but at least he is short the semi capital equipment trading sardines.

4. A decent mix in the Market Watch section. The Lowry Investment Forecast has a nice laugh at the so-called Global recovery. Louis Navallier says to buy stocks because interest rates are going down. On what planet, Louis? <g> And The Executive Wealth Advisory is selling Home Depot. They love the co., while I hate it, but a sell is a sell.

5. The best thing in the rag is a cartoon of a guy sitting in an easy chair, watching tv and holding pom poms. His wife tells a neighbor, "He just sits there and waits for stock market rallies." Nice hit, right down the middle of this mania.

6. In The Mailbag, a couple of letters about Amazon being overpriced. Another in support of gold. 2 letters of support for Abelson, who has been getting flamed a lot lately.