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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Justa Werkenstiff who wrote (3915)	3/16/1999 1:43:00 PM
From: Wally Mastroly	Read Replies (3) of 15132

Bear sightings! "Bears not hibernating despite Dow run to 10,000" biz.yahoo.com Includes: * Roy Blumberg, chief investment strategist at Chestnut Investment Group/First Allied Securities. * Among the most voluble of the bears has been Morgan Stanley's Barton Biggs * ''This is the biggest bubble out there since the tulip mania of the 17th century,'' said Charles Allmon, publisher of the newsletter Growth Stock Outlook... "..Allmon, once a raging bull, said that since mid-1997 he has been predicting a decline of 40 to 60 percent in stock prices by the year 2000 plus or minus one year. "..He would measure the decline from whatever the peak is during that market cycle. He said that he has had a standing offer on the table to make a six or seven figure even money bet that the prediction will come true, but so far there have been no takers...." - Any takers here?

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