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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 5:00 PM EST
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To: Tom Hua who wrote (959)9/13/1999 2:32:00 PM
From: The Phoenix  Read Replies (1) of 3350
 
Eeeeesh... gloomy. I'm not that bearish. I am bearish short term, but I think by Janurary we'll be off to the races again. There is no way that the fed will raise rates 150 basis points in the next 12-18 months.

My prediction - for what it's worth - is that we'll sink to 10,000-10,500..maybe even dip below 10,000 by October. We'll sit in this range until November and things will begin to improve slightly. By end of Jan. early Feb we'll Dow 12,000.

OG
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