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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (8863)	9/24/1999 8:55:00 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 15132

Anyone know if it's legal for the President of a large software company to have the company grant employee stock options at a depressed market price that resulted shortly after that President bad mouthed the company stock and all tech stocks as having absurd values in the market ? It sure would be interesting to know if the above occurs in reality. P

To: Investor2 who wrote (8863)	9/24/1999 9:02:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

I2: I don't read that as saying DOW 12k by end of October but who knows. I think he means by year end. Try this on for size from July: "Likewise, Acampora raised his Dow Jones target "conservatively" to 12,300 by the year's end -- leaving the door open for that index to hit as high as 13,000. That's up from his earlier year-end target of 11,500. Acampora held out the possibility -- admittedly "a little aggressive" -- that the Dow could climb as high as 12,500 to 13,000 by year's end. The Dow closed at a new record high of 11,139.24 on Friday." Maybe this: NEW YORK (Dow Jones)--Improved earnings expectations and easing concerns about interest rates helped convince Prudential's Ralph Acampora to bump up his 1999 target on the Dow Jones Industrial Average. The well-known technical analyst raised his conservative target on the blue-chip indicator to 12000-12300. Acampora moved up his aggressive long-term target to 12500-13000, saying that many individual stocks look technically attractive. "As long as we are able to uncover a broad list of buy ideas we can raise our Dow target(s)," Acampora said in a research note. Acampora said last week's activity brought with it the end of a three-month trading range for major stock-market averages. "This is very encouraging and is now looked upon as the initial stage of a very broad-based advance that will take the Dow above our old 1999 target of 11500," Acampora said. Among the stocks Acampora finds attractive: American International Group Inc. (AIG), America Online Inc. (AOL), Bristol-Myers-Squibb Co. (BMY), Dollar General Co. (DG), Novell Inc. (NOVL), and Tellabs Inc. (TLAB). "Be aggressive because we believe that this summer season will be a very exciting and bullish affair," Acampora said. --------------- Maybe he changed his mind now to 12,000 by end of October but I can't imagine that happening.

To: Investor2 who wrote (8863)	9/24/1999 9:15:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 15132

Ralphie Pinned Down for a Day techstocks.com " Dear Ralph, do you think we can hit and/or exceeded 11,300 by the end of October? Also, do you think the Fed will raise rates at their next meeting? Ralph J. Acampora, CMT: I recently (July 6th) raised my 1999 expectations from 11,500 to 12,000/12,300. I still think that it is possible for the DJIA to cross 12,000 but I must not witness any major deterioration in many of the Dow's 30 component stocks or I will have to push my 12,000 + target into the new year (2000)." ------------- So it looks like 12k by end of year unless the market goes down at which point it will be 12k by sometime in the future yet to be determined. Okay, I guess he has all the bases covered <g>.