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Politics : Ask Michael Burke
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To: Freedom Fighter who wrote (75709)2/23/2000 7:08:00 PM
From: Michael Bakunin  Read Replies (1) of 132070
 
Today it was Applegate's (Lehman strategist) turn:
"11:49am EST 23-Feb-00 Lehman Brothers (Jeffrey M. Applegate)
Equity Market Strategy:Changes To Lehman Brothers U.S. Strategy Portfolio

Today's Date :  02/23/00
Highlights:
* In anticipation of further interest rate increases from the Federal
Reserve, we are further tilting our portfolio to growth stocks."
It dounds crazy, but this note is being credited with igniting today's rally in growth stocks. Whew. -mb
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