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To: pater tenebrarum who wrote (50017)5/9/2000 7:26:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
>>>>>the example cites the fact that back in '94, everybody who could short the market actually did so in expectation of a decline in the face of a tighter Fed. this is apparently not the case now, as the NYSE short interest ratio hovers at a historically very low (neutral) level, and the Rydex bear funds have had no discernible inflows for months. the psychology after years of phenomenal market gains is simply different than the one reigning just before the bubble really took off.<<<<<

good grub - excellent stuff Heinz



To: pater tenebrarum who wrote (50017)5/9/2000 7:31:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
"When you split the stock two-for-one, it makes it a lot harder to beat the estimate," said Koffler, who rates Cisco a strong buy and has not done any underwriting for the company."

--Stephen Koffler, First Union Securities