Dec 19, 1997
Wall St Week:
(NOTE: Read at your own risk: The best for you is to watch the re-play on Sunday )
Dec 19, 1997
Wall St Week:
Panelist:
Alan Bonds - President & CIO - Bond, Procope Captial Manahement
Host: What happan to the year-end rally?
... I think we will get it back before the end of the year...number of company announced to buy their stock back, GE, Abott, NYTImes...
About tech stock : He personally get out of Applied Material and Oracle, Aisa problems will cont' to unfold next year.
Focus on Domestic : Costco, NY Times.
Micheal Holland - Chairman - Holland & Company
Bonds will keep going lower to 5% in the next 2 or 3 years unless something really wrong on the other side of the world ... Inflation near zero ... Deflation may coming over here ... and help stock price.
He like JPMorgan, like CPQ, DELL, and INTEL is very cheap.
Host: Historically, its time to buy those stocks, is it the same this year?
Absolutely, Warren Buffett said if you can close your eyes and don't worry about the market for the next three years, that the way to buy, these are the stocks.
Tom Gallagher - Washington Analyst - Lehman Brothers, Inc.
Special Guest:
Diana D. Brooks
President & CEO
Sotheby's Holdings Inc.
Hope you have a wonderful Xmas party last night.
Car |
