Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (9150)	12/29/2000 3:02:51 PM
From: Kenneth E. Phillipps	Respond to of 14638

Fast Eddy likes us again! A.G. Edwards: 2001 Market Outlook By: USA Today 12/29/00 9:14:00 AM Source: USA Today Market outlook: The economy is slowing. Profit growth is declining. Price-earnings multiples are lower. The Internet boom is last year's news. Ironically, all that bad news is good news for investors in 2001, strategist Stuart Freeman says. ''Stock prices are down, investor expectations are down, analysts have already slashed their earnings estimates, and the Federal Reserve is in loosening mode,'' a bullish Freeman says. ''We are starting the year with all these things on our side.'' With Standard & Poor's 500 profit growth of 8% expected, investors should focus on companies that can deliver solid earnings no matter what shape the economy is in, he says. ''The key is consistent growth,'' Freeman says. ''Pay attention to quality and buy real companies.'' Freeman likes drug companies, brokerages, retailers and selected techs, such as networking-equipment makers and chipmakers that don't depend just on PCs. Don't expect tech stocks to regain Superman status overnight, he says. ''We've had a significant shift in psychology,'' Freeman says. ''When you have a frenzy like we had, it takes years to rebuild confidence; 2001 will be a year where investors are licking their wounds.'' 2001 forecast: S&P 500: 1700; Dow: 12,500; Nasdaq: 2800. Top stock picks: Texas Instruments, Nortel Networks, ADC Telecommunications, Pfizer, Schering-Plough, Wal-Mart, Capital One Financial, Fannie Mae.