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Strategies & Market Trends : The New Economy and its Winners

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To: techanalyst1 who wrote (14989)11/21/2002 12:03:25 PM
From: Lizzie Tudor  Read Replies (1) of 57684
 
I still expect stocks will sell off in January again prior to earnings and so for now I'm just sitting tight with what I bought in the last swoon.

My guess..................... earnings estimates go up next year and analysts have to chalk another one up to being wrong.


I think so... we're definitely not out of the woods. But there has been so much consolidation in some of these areas that whoever is left is probably going to have pricing power.

Ebay had a job fair (which was barely publicized) and 2000 people showed up. I think one reason Carly Fiorina is seeing the transition go so "smoothly" at her company is because the regular factors that disrupt mergers, people fighting and resisting change etc, aren't happening because everybody is so afraid of losing their job!!
L
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