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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: Lee who wrote (117513)	4/14/1999 4:02:00 PM
From: Mohan Marette	Read Replies (3) of 176387

Abby II- update still in progress. Hi Lee: Well I told you women's perception about these things are better than men didn't I?<g? ================= Goldman's Cohen says U.S. stock rise warranted WASHINGTON, April 14 (Reuters) - Goldman Sachs chief U.S. stock strategist Abby Joseph Cohen said on Wednesday the recent rise in value of U.S. stocks was justified and there were still plenty of good buys to be found in the market. Speaking to the World Economic Forum, Cohen also said current price to earnings ratios in the U.S. market did not imply the U.S. stock market was overvalued. ''The rise we have seen in stock prices in the United States is fully warranted by economic and corporate evidence,'' said Cohen, a Goldman Sachs partner and managing director of its investment policy committee. Cohen noted the stock price rise had mainly benefited large capitalization stocks. But she said that more stocks could benefit if good economic growth persisted in the United States and the global economy showed more signs of stabilizing. ''We will see willingness by investors to move away from the largest markets and the largest stocks,'' she said. ''We would expect that within the U.S. equity market, as investor confidence builds, that there will be no recession this year or next, that small and middle capitalization stocks may benefit. And as you look around the rest of the world, we believe that stock markets of some of the emerging countries may also benefit.'' (Note: this article is ''in progress''; there will likely be an update soon.) --------------------------------------------------------------------------------

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