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Technology Stocks : Compaq
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To: Captain Jack who wrote (78541)2/20/2000 8:19:00 PM
From: Night Writer  Read Replies (1) of 97611
 
Jack,
The market prospects in general don't look good right now. That is strange for an election year. Usually election years are good years to be in the market.

IMHO All the political talk about tax cuts is giving Greenspan a big case of indigestion. Tax cuts would be more inflationary then the stock market wealth effect. He is trying hard to beat that into the heads of our law makers and the stock market is nothing but incidental damage. He also knows the stock bubble will burst on it's own. He is just telling Congress that it is going to happen.

Ed Kirshner, the chief investment strategist of Paine Webber had CPQ as his number one stock pick for 1999. He also projected that the DOW would stay in a trading range in 1998 and 1999. A little nugget of knowledge for you. I know, I was a client listening their recommendations until February 99. Best move I ever made was leaving PW.
NW
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