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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Skeet Shipman who wrote (51907)	5/31/2001 7:55:51 PM
From: Skeet Shipman	Respond to of 94695

I don't know how many times the economists have to tell the Wall St. analysts that growth is going to be very modest next year - 0.5 to 2.5%. They still don't get it. Wall Street analysts on average currently peg earnings for the Standard & Poor's 500 stocks at $53.74, down about 2.6 percent from a year ago. But their forward-looking forecasts, which the stock market uses to value stocks, call for S&P 500 profits to rise to $63.07 for 2002 — a 17 percent gain. Lets try 5 to 8%.