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To: NickSE who wrote (58907)8/26/1999 9:33:00 PM
From: Lucretius  Respond to of 86076
 
short GNET... i did -g-



To: NickSE who wrote (58907)8/27/1999 9:01:00 AM
From: NickSE  Respond to of 86076
 
Merrill strategist leaving
Chief investment strategist Clough, notably bearish, out at end of year
cnnfn.com

...But the paper also said that despite the stock market hitting record highs, Clough has remained bearish on stocks, which has caused grumbling among some of Merrill's brokers who get paid partly by selling stocks and other investments...

...Clough in a Journal interview said he has "woefully underestimated the market" in recent years and got a bad reputation even as many of his calls on various sectors of the market have been dead-on. "I can live with the fact that I have underestimated the U.S. market," he told the paper...

...Michael Holland, who runs a New York investment firm that bears his name, told the paper: "Anyone who has leaned against this bull market has paid a price. Charlie Clough is a very smart guy who was symbolic of a lot of smart people who have been fooled by the continuing strength of this bull market."...



To: NickSE who wrote (58907)8/27/1999 9:05:00 AM
From: NickSE  Read Replies (1) | Respond to of 86076
 
PRINCELY SUM NOT ENOUGH FOR WALL ST. INVESTMENTS
nypostonline.com

Prince Alwaleed bin Talal, the Saudi billionaire, says the U.S. stock market is still way too rich for his blood.

The Prince - one of the world's 10 richest men, with a net worth of more than $14 billion - said he is wary of any new investment because he believes Wall Street is about to take a fall...