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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (53288)	3/24/1999 9:50:00 AM
From: Freedom Fighter	Read Replies (3) of 132070

Abby Strikes Again >>NEW YORK (Reuters) - Abby Joseph Cohen, Goldman Sach's chief market strategist and one of Wall Street's most widely respected stock analysts, raised her 1999 target for the Standard & Poor's 500 index to 1,325 based on an improved outlook for corporate profits, the firm said Wednesday. Cohen, who previously expected the benchmark stock index to hit a range of 1,275-1,300 by the end of this year, expects 1999 and 2000 to be years of ongoing profit expansion with better aggregate gains than in 1998, which was a disappointing year, a spokesman for the firm said. Cohen was not available.<< If drug companies ever figure out how to manufacture happy pills that may you see the world through Abby's eyes maybe they would be worth 50-75 times earnings. Wayne Crimi

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