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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: dwight vickers who wrote (21194)3/17/1998 10:45:00 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
(Off Topic) Asia and the US market

Here is Abby Cohen, market guru and Bull, as interviewed in SmartMoney:

- Abby Joseph Cohen, Goldman Sachs

"Asia's problems are easing and that will help the whole global economy this year. As a result, earnings for the S&P 500 companies will improve...."

She was hyped all over CNBC today every hour. Is it any wonder that the market is so overvalued when this is the type of understanding of the world economy that drives the process forward?
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