Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (226718)	3/10/2003 9:21:13 AM
From: MythMan	Read Replies (1) of 436258

>>Happy birthday Nasdaq 5000 Three years ago Monday, the Nasdaq Composite reached an all-time high of 5,132.52 in intraday trading before closing at a high of 5,048.62. SoundView Technology's Arnie Berman said volatility analysis suggests consensus is building that technology stocks offer greater reward potential, with less risk, than other market sectors. He noted, however, that the seasonal recovery in technology spending and stocks "is already over." Prudential's Edward Keon said he sees evidence of outperformance of growth and technology stocks and underperformance of high dividend yielding stocks. "The better performance of tech stocks may be at least partially explained by an improved fundamental outlook, as evidenced by a small rise in consensus earnings forecasts over the past several weeks after a steep fall through most of 2002," Keon said in a note to clients. <<

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