BGR......Not plugging QCOM....but the future looks good all around..!......Tim.........By Peter C. Du Bois
An Interview With Frank Jennings ~ A long-term investor in an increasingly
short-term world, Jennings took over the $480 million Oppenheimer Global
Growth & Income fund in October 1995, and has steered it to the best five-year
record in its Lipper Analytical category, which is global flexible. In December
1989, he correctly predicted that the Dow Jones Industrial Average would hit
10,000 in 1999. Now, for a variety of reasons, he sees the DJIA reaching 30,000
in 2010. He worries that the U.S. stock market is narrowly focused, but so long
as the biggest caps don't all collapse at once, he sees the "powers of light"
prevailing over the "powers of darkness."
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Also, Barrons had a box with a list of "Jennings' Picks" (5 stocks -- 3 from the U.S., 1
from Germany, 1 from England). QCOM was at the top of the list.
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