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Technology Stocks : THQ,Inc. (THQI)

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To: Todd D. Wiener who wrote (2978)	1/10/1998 9:02:00 AM
From: Double Dipper	Read Replies (1) of 14266

Did anyone catch Abby Joseph Cowen, Goldman Sachs, on Louis Rukeyser last night? She was pretty bullish predicting dow to hit 8700 and saying the Asian problem was very serious but over emphasised and that good stocks are being thrown out with the bad. She called this a real bargain hunters dream market (paraphrased). Mary Farrell was also on with some other big names. All were still bullish on the market and expect the market to filter lower on every little noise in asia but firmly believe the market is going higher this year than anyone else expects and that earnings are not going to be as impacted as everyone believes. She believes 18 times earnings for S&P companies is not too unreasonable as is being ballyhoo'd by the bears. The impact of these particular people who are widely followed should give way to restoring some sanity in the market. Kevin

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