When the Treasury Undersecretary says the market is overvalued, you'd better listen -- because the Bush administration is making it so.
Donald L. Luskin
Stock Options Expense: One Step Ahead of the Law
Tuesday, July 16, 2002
Coca Cola and Washington Post may be making a virtue of necessity by volunteering to expense options -- but they're an example of how free markets can enforce corporate accountability.
Triple Witching Hour for the Stock Options Tax-Hike
Monday, July 15, 2002
In the super-charged anti-business atmosphere of Washington, the dreaded Levin-McCain stock options bill -- S.1940 -- is at-the-money.
A Techless Recovery?
Wednesday, July 10, 2002
In tech, recovery is elusive and stocks are still rich. The Old Economy is now the engine of recovery -- and it's cheap.
The End of the World[Com]
Wednesday, June 26, 2002
The latest accounting bombshell will have investors wondering "what is reality?" It could create a great buying opportunity.
Excuses, Excuses
Tuesday, June 25, 2002
The "don't fight the Fed" and "super-V superbull" crowds are capitulating -- and that's an opportunity for the rest of us.
Options: Perception and Reality
Tuesday, June 25, 2002
Options induce management to dedicate much effort and time to managing perceptions rather than the company.
Earth to Techstocks: "Your 15 Minutes Are Up"
Wednesday, June 19, 2002
Oracle beats, but the tech sector will still get beat up. The focus of economic recovery is elsewhere.
Normal Valuation: Where Do We Go from Here?
Tuesday, June 11, 2002
The overall market is normally valued for the first time in 5-1/2 years and earnings recovery is at hand -- what are the risks?
Intel: No News is Big News
Friday, June 7, 2002
Intel's blockbuster guidance revision shouldn't have been a surprise -- but it may signal the beginning of the end for whacky techstock valuations.