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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: stockman_scott who wrote (33495)3/14/2001 3:46:51 PM
From: SecularBull  Read Replies (2) of 65232
 
Morgan Stanley's Byron Wein just came out with an internal memo that said that he believes that the market is 9-10% undervalued, but that it may still be too early to jump in. He expects a 50 basis point cut next week, and further downside immediately following.

~SB~
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