VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (40453)	8/21/2001 3:55:48 PM
From: limtex	Read Replies (1) of 65232

JW - Curious CFZ is scared about what they call something nasty I guess meaning a rally! But we've now got weeks of nasty earnings warnings coming and this time many with no forward guidance. So what rally in the face of that lot. I think the bears have done so well even tehy can't believe it can go on for this long and this much, but it clearly can. CSCO 18c earnings next year? That simply can't support a double digit P/E. I don't care how good the company is it just can't keep in this environment. Abby Joseph Cohen says 1,500 S&P at the year end? It will take nothing short of a mircale. Best regards, L Best regards, L

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