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To: Voltaire who wrote (13541)4/14/2000 8:17:00 PM
From: Red Scouser  Read Replies (1) | Respond to of 35685
 
Volts,
And you will be a man my son.
mine too.
red



To: Voltaire who wrote (13541)4/14/2000 8:19:00 PM
From: LBstocks  Read Replies (2) | Respond to of 35685
 
Abby Joseph Cohen optimistic in wake of sell-off
NEW YORK, April 14 (Reuters) - Speaking after the U.S. stocks suffered their biggest one-day point loss ever on Friday, top investment strategist Abby Joseph Cohen struck an optimistic tone and said equity prices are likely to rise from current levels.

Speaking on CNBC, the Goldman Sachs (NYSE:GS - news) analyst said the U.S. economic expansion is ``far from over' and forecast that corporate profits will still go up.

``I think what we have seen (today) is very much a market event rather than an economic event,' Cohen said. ``As we take a look at out expectations for earnings, economic growth and so on, really nothing has changed over the past two weeks.'

Cohen, who depressed stock prices recently by trimming the proportion of assets she advises clients to keep in stocks, said corporate earnings reports may provide investors with comfort.

``To the extent that the market is now lower, we think that there's a higher price appreciation likely from current levels.' Cohen said companies in the financial services, pharmaceuticals and global cyclical sectors offer good potential buys.



To: Voltaire who wrote (13541)4/14/2000 8:20:00 PM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
So Tom,

with all the bullshit aside...what do you saee in store for next week....more carnage early and then maybe some stabilizing later on, if you ask me.

Folks are scared...but at the same time, did you know cmgi was on sale for $50....jdsu is under $90...erp....$80 and etc.....

Ugly for now, but like I said before, I'll take cmgi at $50 all day long.......