WSW: Louis Rukeyser's Wall Street Summary &amp; Discussion $treet

Top 29. Mar 11, 2000 5:28 PM

» Elas - Brinker

Brinker seems to think P/E's matter with tech stocks. Boy,is he out of it. I'll bet those with their money in the BJ Group are underperforming.

-- posted by Elas

Top 30. Mar 11, 2000 6:04 PM

» Kirk - I was told the BJ Group went to cash on 1/5/00 so they did not w

I was told the BJ Group went to cash on 1/5/00 so they did not wait for the newsletter to be delivered for better stock prices.

btw, p/e's matter, just you have to look at growth and the future which means looking forward. Project the p/e 3 or 5 years out. Too many have their eyeballs glued to the rear-view mirror looking at the past.

I bought LRCX when its earnings were negative by several dollars per share! I looked forward to see it had potential to make $2 or more so I bought.... and have not been disappointed.

-- posted by Kirk

Top 31. Mar 11, 2000 6:57 PM

» Slick - And I might add...

Kirk---the subscribers to The Savvy Investor are grateful.Just how good has LRCX been ?

Watermelon smiles for all. Only MSFT is my better performer---and I've held that for 3 years vs. Lam's one. What a call!

Best Regards---Slick

-- posted by Slick

Top 32. Mar 11, 2000 7:31 PM

» Rande - Kirk,

Kirk,

You certainly have been "On Track" with LRCX.

-- posted by Rande

Top 33. Mar 13, 2000 5:00 AM

» Outrider - Michael Dell?

Yes, I couldn't help but think back to Liz's pick of Dell when one of the commentators on the McLaughlin Group said this week that if George W. Bush was elected, he would tap Michael Dell to re-invent government (or words to that effect)...

As Mr. Spock would say, there are always "possibilities".

-- posted by Outrider

Top 34. Mar 17, 2000 4:37 PM

» Baylynx - Robert Loest interview on 3/10 WSW

Does anyone know where I can get a synopsis or transcript of the IPSMX fund manager interview conducted by LR last Friday?

I missed the show and am not disposed to sending Uncle Lou a check for a copy of the official transcript. Thanks in advance.

-- posted by Baylynx

http://www.pbs.org/mpt/rukeyser/notes.ht...

Top 35. Mar 25, 2000 6:47 AM

» Slick - Barton Biggs On WSW

Quite a night with BB, who is still expounding a bearish posture ( not unlike our local hero with the same initials). When asked about what his allocation would be : 40% munis 10%cash 50%stocks with a bias towards Asia ( especially Japan) which he considers far more attractive than the US market. Overvaluation is the basis for his outlook. Example: He loves CSCO as a company---just thinks it's a lousy stock at current levels.

I thought it was NOT just a coincidence that " uncle lou" put together a panel of some of the more prominent bulls for this show. To wit: Frank Cappiello, Lazlo Birinyi, and Michael Holland. All of which , are extremely bullish , and have shown in the past to be well ahead of the curve in regards to understanding what some have called the " new paradigm". Of course , when a highly respected guest with the stature of Barton Biggs has on Wall Street, you gotta hear him out. But, as Rukeyser final comment which went something like ' thanks Barton Biggs--and one of these days you'll be right , and we'll ask you back then , too', I gather he's been here before. I would point out, that Biggs is a global strategist for Morgan Stanley,and not the US strategist.

Sorry , I couldn't remember ALL the gems. Perhaps someone else will add.

Best Regards---Slick

-- posted by Slick

Top 36. Mar 25, 2000 7:00 AM

» Kirk - Good Show Slick

Good Show Slick

I am always impressed at how well Louis Rukeyser handles guests that he does not agree with. He seems to be the ultimate gentleman and yet he is able to let us all know that he does not agree with the guest and that the guest has a horrid track record.

<img src=http://www.pbs.org/mpt/rukeyser/images/0... width=70 height=80 align=left>I did find it intersting that Mr Bear, Barton Biggs, STILL calls for a 50% portfolio allocation to stocks for someone in retirement (at critical mass with loads of money he said) and suggested 100% in the NASDAQ for someone young with little money.

At 50% in the market, Barton Biggs, is not nearly as bearish as some.

-- posted by Kirk

Top 37. Mar 28, 2000 5:18 PM

» Kirk - Compare Barton Biggs to some others

Interesting to make a chart of allocation to stocks

SuperBull JoeB - 100%? Damn the torpedoes and NASDAQ 5000 ahead! Expects DJIA to outperform and hit $12,500 or so. (Didn't he once have 6000 and 13,500 targets???)
http://www.gruntal.com/research/joeb.html

Kirk - 80% - seems hard to fight the trend that stocks go up and have done so for over 200 years. (damn hard to take profits fast enough to stay close to 80% these days.) Pile of cash now equals about 50% of my equity portfolio when I "retired" in the fall on '98. It works…why change?

Abby 65% - Very bullish by many standards. Seems 5% in cash is a good tactical allocation move to buy a QQQ type dip and if we don't get one, the stocks will appreciate and get her back to 70% in short order anyway.

PermaBear Gail Dudak - Admitted to 55% in stocks recently on TV (probaby value stocks so she has not had to do much selling to stay at 55%)

Long Time Bear and Still gets on TV Barton Biggs - Said he was still at 50% stock last week on Wall Street Week. http://www.suite101.com/discussion.cfm/i...

Coco Beach, tactical asset allocation, MegaWhopper Bear Bob Brinker - 20% in stock if you consider a 50% equity portfolio for a retired person that he was suggesting before (40% of 50% is 20%….)

-- posted by Kirk