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To: radames who wrote (24153)10/6/1999 9:16:00 PM
From: Ram Seetharaman  Respond to of 27307
 
There are no secrets left in the US economy. It is going to be strong all the way to 2001! The semi/chip cycle will be up even beyond 2001!
Only a very high non farm payroll number increase (for September) can spook the bond marker, which in turn may affect stocks. The bond market has already been spooked to a 30 year bond yield of 6.15 (inflation is already built in!). The most we may see in 1999 is a 6.5% yield. Dow will see a 11000 very very soon and Nasdaq a easy 3000. As for YHOO, I don't see a 140 or even 150 this year. With Christmas approaching, the net business is booming and YHOO will see a $ 200 very very soon!
On a rosy positive side, I see YHOO, AOL, AMZN all reaching new highs by year end! So don't bet on YHOO to go below 150! Happy trading!