CNBC 12/3/99 - 6:54:59 AM .....inflation? >>
Misplaced, like we said earlier, when the fed
is worried about inflation, don't worry about
it. The reason is you have to have a
cooperation of the central banks with lose
money tore the inflation to be created.
Secondly, the bond market will keep the
inflation in check. Liz: Let's look at some of
your stocks, fallen angels, beginning with
compaq >> They did everything wrong in the
last 18 to 24 months, we've seen the
bottom. A great deal of potential on the
upside, one of the highest insider buying
stocks on the new york stock exchange
right now. Liz: Really? >> Yes, number
three as a matter of fact. Liz: The insiders
have faith. >> They have faith, changed
management, we think the changes in management of very, very good for
the stock. Liz: How much faith do you have in disney. >> They made major
mistakes but the worse is behind them. A great asset, they have a
timeless product and we think that stock after the first of the year, the tax
selling behind it, in the mid 30s. Liz: It has a way to go but some people
saying it is on the way up. Move on to merrill lynch. >> Merrill lynch,
agains versus one of its major competitors, morgan stanley, making all
time new highs. Merrill lynch got behind the curve, they need to be more
proactive and we think telling be a major powerhouse once again. Liz: And
final choice, coca-cola. >> One of the lead analysts .....
|
