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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (5918)	4/18/2001 8:31:51 AM
From: Lee Lichterman III	Respond to of 52237

From the DrBob Thread... 07:52 ET Abby Still Bullish : Goldman Sachs strategist Abby Joseph Cohen just squawked to the Goldman trading floor; still bullish but says that economy is weaker than expected and reduces targets as a result: cuts her S&P 500 target to 1,550 from 1,650 and Dow to 12,500 from 13,000; cuts S&P 500 operating EPS of to $56.6 from $60 for 2001, initiates 2002 at $61.50; leaves equity weighting intact at 70%. Despite reduced targets, she says stocks are notably undervalued and expects sizable returns in coming months. Off to work, Good Luck, Lee