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Strategies & Market Trends : Tech Stock Options
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To: Darth Trader who wrote (41900)4/30/1998 2:05:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 58727
 
Good link, thanks to both of you.

"Abby Joseph Cohen. According to CNBC (3/17/98) Cohen has raised her year-end targets for the DJIA and S&P 500 to 9300 and 1150. "By yearend 1998, we expect the S&P 500 to reach 1075, and the Dow Jones Industrial Index 8700." (Source: Goldman, Sachs & Co. U.S. Research "Our Favorite Stocks for 1998" 12/19/97)."

So, we had 1130 on the S&P already on April 6th and again on April 22nd, 3 and 5 weeks after AJC revised her S&P target for 1998 upward an additional 7%.
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