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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (24450)4/10/2000 4:29:00 PM
From: MythMan  Read Replies (3) | Respond to of 42523
 
>>Overall, ``first-quarter earnings should be good and include some positive surprises,' said Gail Dudack, chief investment strategist at Warburg Dillon Read in New York. She said the biggest surprises -- companies that easily exceed analysts' published forecasts -- should come from the old-line energy and utility industries.<<

Ex-ElfBear turns bullish -s-



To: scotty who wrote (24450)4/10/2000 5:30:00 PM
From: pater tenebrarum  Respond to of 42523
 
well, so far they're just 'wondering' about how good the earnings will be. imo this is actually quite irrelevant at this stage. they HAVE to be extremely good to justify much lower prices, let alone current prices.
more than anything these markets are about liquidity and sentiment. the former is being buried in an avalanche of paper, and the latter is best described as maximum complacency...


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