Compaq Message Board - Msg: 3628327

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To: peacelover who wrote (20047)	3/6/1998 6:18:00 PM
From: Windseye	of 97611

Here's reference to Ralph Acampora... of course I quit subscribing to WSJ just in November after 17 years... Ralph Acampora of Prudential Securities believes 1998 will be a difficult year and that the Dow could plummet to 6,000 by late next year (Sources: LA Times 12/19/97 and Wall Street Week 1/2/98). Acampora was previously one of Wall Street's most vocal bulls and had correctly forecast 8250 on the Dow before year end 1997. He expected a bear market by 1998 to be followed by another huge gain (Source: Wall Street Journal 2/14/97). Acampora had reportedly projected Dow 10,000 by next June and 18,500 in nine years (7/14/97). See A vision of 18,500 in Fortune. ------------------------------------------ Yes, we wee folks are like $ cannon fodder... I may try not to forget this whole scenario. (g)

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