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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?


To: Ann Janssen who wrote (23832)6/17/1999 12:37:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 27012
 
Wednesday June 16, 1999 (5:00 pm ET)
S&P Investment Policy Committee Boosts Equity Asset Allocation to 60%
By Ken Shea, S&P Director of Equity Research

NEW YORK, Jun. 16 (Standard & Poor's) - The S&P Investment Policy Committee voted to raise the equity portion of its recommended asset allocation by 5% to 60%. The allocation now stands at 60% stocks, 35% bonds, and 5% cash. The main reasons for the increase are:

Today's report of quiescent domestic inflation (measured by the CPI report) reduces the likelihood of both an immediate Federal Reserve interest rate increase (on June 29), and more importantly, the growing anticipation of a possible series of interest rate increases in coming months. Accordingly, the IPC anticipates the 30-year bond yield to decline below 6.0% in coming weeks, bolstering the investment attractiveness of common stocks in general and growth stocks in particular.
S&P Equity Research expects operating earnings per share year-over-year comparisons for the S&P 500 to accelerate for the remainder of 1999, driven by continued healthy growth from the Technology, Communication Services and Consumer Cyclicals sectors, and from a dramatic recovery in the Energy and Financial sectors. Last year's earnings from the latter two sectors were depressed due to the plunge in global oil prices and severe financial troubles abroad. As a result, S&P expects S&P 500 operating earnings per share to rise 17% in 1999, to $51.75.
personalwealth.com



To: Ann Janssen who wrote (23832)6/17/1999 11:26:00 PM
From: royco  Respond to of 27012
 
Hi Ann: Re: INTEL: I had a busy day, just logged on tonight, couldv'e been great per your good wishes, but there's always tomorrow. Seems intel hit a land coppermine, but this is always delay propaganda so AMD can really make inroads, good luck to those who think this will hurt intc by the end of theyear.
My 4 bagger-Unisys- seems to be backing off, just as I expected, never brag about the winners.

Good luck on the witches day, our son coming in from Austin, Tx tomorrow, older son from New York on Sat for dad's day weekend.

Regards, Royco