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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (22927)1/26/1999 5:57:00 PM
From: Judy  Read Replies (1) of 50167
 
Ike, my dear

I see great opportunities in the market this year. Although Abby Cohen stated that she sees about a 7 percent growth in the S&P for the year, she also said emphatically select stocks will do far better. The earnings data presented validates this view ... earnings reported so far indicate 6-7 percent corporate growth in general ... but specific stocks have given forward guidance of 25-30 percent annual growth.

So while overall market indices may churn within an interval of 7 percent on the upside and 10 percent on the downside, bulls should stand ready to buy the dips on those stocks that exhibit aggressive forward growth trend. That is where the heavy profits can be made.

Well done on SAP. Strong revenue growth expected this year, what is your price target for SAP?
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