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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (67374)9/8/1999 2:18:00 PM
From: Freedom Fighter  Read Replies (2) of 132070
 
Mike,

She's at it again....

>>News that Goldman Sachs'(GS:NYSE) Uber-bullish strategist Abby Joseph Cohen has raised her 1999 S&P 500 target to 1380 from 1350 may also be helping sentiment a bit today<<

We can't blame her for trying to get the IPO done at twice the long term average for investment banks anymore. She already got rich on that one. (assuming some of it is vested)

Do you think there's any limit or set of conditions at which she would stop finding ways to justify ever higher prices?

Wayne
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