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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 143.23-2.9%Nov 18 3:59 PM EST

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To: Michael Sphar who wrote (6161)7/3/1998 4:42:00 PM
From: Ian@SI  Read Replies (1) of 10921
 
... and now for something completely different for Barron's.


Subscribers: interactive.wsj.com

Gist of story:

July 6, 1998

Seer Speaks
Futurist says Dow could hit 35,000, and he's been right before

By Neil A. Martin

If you're worried that the bull market is about to peter out, you might want to talk to Harry S. Dent. Ten years ago, Dent was predicting that the Dow would go to 10,000 by the year 2000, and now he is predicting that it will double to 21,500 and maybe even quadruple to 35,000 over the next decade due in large part to a booming world economy. Dent's optimistic predictions may seem hard to swallow right now, what with stocks in the U.S. looking fully valued and the American economy increasingly threatened by Asia's meltdown. But it helps to remember that Dent's seemingly outlandish forecasts of a decade ago were also greeted with considerable skepticism. In the late 1980s, as Dent was preaching about "a great boom ahead" for the U.S. economy and stock market

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