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To: pat mudge who wrote (13234)9/8/1999 12:43:00 PM
From: zbyslaw owczarczyk  Read Replies (1) | Respond to of 18016
 
Meanwhile, Goldman Sachs' Abby Joseph Cohen, one
of Wall Street's most respected long-standing bulls,
upgraded her year-end targets for the Dow industrials
and the S&P 500, citing increased earnings estimates,
continuing tame inflation and expectations that bond
yields would not rise much from their current levels.
Cohen now sees the Dow reaching 11,500 by the end
of the year. Her previous target of 10,300 was surpassed
months ago. Cohen's new target for the S&P 500 was
pegged at 1,385 from 1,350. Her 12-month rolling target for
the broad blue-chip index was raised to 1,450.

cnnfn.com