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To: Jan Crawley who wrote (98031)3/31/2000 9:29:00 AM
From: Chung Lee  Respond to of 164684
 
Cohen told the market she would cut positions in stock from 70 percent to 65 percent because too many stocks were overpriced, and would put the 5 percent into cash, leaving 27 percent in bonds and 3 percent in commodities. While Cohen told her clients her feelings toward the economy haven't changed, she expected stock price increases to be in the more moderate 8 percent to 10 percent range than the double digit rises of late.

Cohen also said change the mix on equities, with fewer tech stocks


I think she spent that 5% cash yesterday and will probably tell the street in a few weeks, that will take Nasdaq to new high, LOL



To: Jan Crawley who wrote (98031)3/31/2000 11:23:00 AM
From: GST  Respond to of 164684
 
Jam: re: intc to 145 -- my gut agrees, and a turn in MSFT could take it into the 150-60 range.