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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (212587)1/6/2003 3:32:47 PM
From: GrillSgt  Read Replies (5) of 436258
 
Fuck Him?

3:07pm 01/06/03

Battipaglia sees S&P 500 rising to 1,050 to 1,200 ($SPX) By Tomi Kilgore

Joseph Battipaglia, chief investment officer at Ryan Beck, said he sees the S&P 500 Index ($SPX) rising to 1,050 to 1,200, based on projected earnings and valuations using estimated 10-year Treasury yields ($TNX) and inflation rates. That would represent gains of 13 to 29 percent above current levels (up 22.64 at 931.23). He estimates that S&P 500 earnings will be $50 to $51 a share in 2003, that inflation will be 1 to 2 percent and that Treasury yields will be 4.75 to 5.25 percent.
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