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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (26442)	9/20/1999 11:36:00 PM
From: Mike Hermann	Read Replies (1) \| Respond to of 99985

What about the protests about the pension plans/ recapitulation recently? Will that change the numbers

To: Haim R. Branisteanu who wrote (26442)	9/20/1999 11:43:00 PM
From: Les H	Respond to of 99985

I wouldn't worry too much about Lucent. Their earnings growth in the fourth quarter are expected to be a huge slowdown, down to 6 percent. Some of the other big techs have big slowdowns coming, mostly in the 5-8 percent growth range. biz.yahoo.com The article I posted earlier hinted at lack of a noticeable Y2K inventory buildup, attributing it to strong Xmas on top of strong retail buying thus far. So, we'll see whether the earlier strong equipment sales stole from later quarters. The ones that have some of the better numbers upcoming are the semiconductor-related companies whose fundamentals can look great at the top and on the way down. <<<Somebody posted about Favors being bearish, I thought Favors was predicting 12,500 for end of year. I heard another cycles analyst who was predicting a quick decline in October-November then a run to 12,000 by year-end. His prediction was for trouble in mid-2000. >>>