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Politics : Formerly About Applied Materials
AMAT 332.56+4.1%3:59 PM EST

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To: Ramsey Su who wrote (23587)8/30/1998 12:12:00 AM
From: Joe Sabatini  Read Replies (1) of 70976
 
Abby Cohen is simply a well-paid mouthpiece. If Manhattan was nuked by a terrorist, she would probably still be calling for Dow 9300 this year. Ridiculous. Some people are simply too optimistic. If you have 100% of your money in stocks, I guess you have to be ultra-optimistic, even in the short term. But the ultra-optimists could be in for some serious shocks before the end of the year. Some people don't see anything wrong with driving the nifty 50 further into the stratosphere. I say if something seems too good to be true...

Joe S.
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