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.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (28189)	1/3/2001 5:44:00 PM
From: DiB	Respond to of 65232

Here's more: Salomon's Picks : Salomon Smith Barney analyst Alex Henderson gives his list of stocks the analyst expects to benefit in a declining interest rate environment. In data networking, analyst likes Cisco (CSCO +6 11/16) and Extreme (EXTR +12 1/2). In the optical equipment space, positive on Nortel (NT +3 11/16), Ciena (CIEN +15) and ONI Systems (ONIS +1 11/16). Level 3 Comms (LVLT) 34 15/16 +4 1/8: Kaufman Bros upgrades to STRONG BUY from BUY. Says that today's 50 bp rate cut along with additional cuts by the Fed at the next series of FOMC meetings will reignite interest in communications services names and renew interest in quality stories well positioned to complete network builds and make it to the next level. JP Morgan on Fed : Firm is calling for 4.75% Fed funds rate by the end of June; sees a 50 bp rate cut at the January 30-31 Fed meeting, 25 bp rate cut at the March 20th meeting, a 25 bp rate cut at the May meeting and 25 bp rate cut at the June 27th meeting. More Merrill Fed Comments : Firm says that the broadest rebounds in the equity groups that occur during soft landings, particularly if the Fed has supported the market and the economy, are consumer cyclicals, financial services and technology; additionally notes that over 60% of the S&P industry sectors have been up over the past month and this may imply that the market liquidity is spreading out among the group, helping to set the stage for a broad advance. Merrill on the Fed Cut : Firm says they believe the Fed's motivation for the 50 basis points cut was to send a clear message that they are committed to maintaining relatively stable and liquid capital markets and stable economic growth; notes that historically, within three months after an initial cut the S&P 500 has generally traded up around 10%, within six months the index has typically advanced 19% and by 12 months it has generally returned 23.6%