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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: roly who wrote (9908)10/28/1997 5:17:00 PM
From: roly  Read Replies (1) of 70976
 
ABBY COHEN - HATS OFF TO YOU
I believe she saved the day. She made the gutsy call when everyone
was not sure how the market will go early this morning.

Goldman yst Abby Cohen ups stocks in portfolio

NEW YORK, Oct 28 (Reuters) - Abby Joseph Cohen, co-chair of Goldman Sachs & Co's
investment policy committee, raised the equity weighting of her asset allocation portfolio to 65
percent stocks from 60 percent, the firm said on Tuesday.

The change came one day after a world stock market shakeout which saw the Dow Jones Industrial
Average tumble over seven percent.

Goldman said Cohen, a prominent Wall Street yst, reduced the cash portion of the portfolio to
five percent from 10 percent, while keeping bonds at 25 percent.

Cohen was not immediately available to comment.
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