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


To: dennis michael patterson who wrote (17545)9/2/2001 4:12:12 PM
From: LTK007  Respond to of 52237
 
>>Dueling Wall Street Gurus, but Friends Too
By DAVID LEONHARDT September 2, 2001

CEAN CITY, N.J.— Bob arrived with the cold cuts. Jeremy found a chair at the lunch table that allowed him a view of both the Atlantic Ocean and the television set, tuned to CNBC. Their wives, Virginia and Ellen, sat down near them. Their teenage boys, between hanging out on the deck and going parasailing, briefly joined the adults at the table for sandwiches.

To anyone who did not know the public personas of the two fathers, it would have looked like a perfectly typical summer afternoon at the Jersey shore. In fact, it was a gathering of the yin and yang of Wall Street.

Bob is Robert J. Shiller, the author of "Irrational Exuberance," the book that came out just before the Nasdaq plunge of 2000 and made him perhaps the most prominent bearish economist in the country. And Jeremy is Jeremy J. Siegel, the professor at the Wharton School of the University of Pennsylvania whose bullish 1994 book, "Stocks for the Long Run," became both a cause and a symbol of the vastly increased popularity of the stock market.------------------http://www.nytimes.com/2001/09/02/business/yourmoney/02DUEL.html
attending article about the present view of each
From a Bull and a Bear, Conflicting Forecasts (September 2, 2001)-------http://www.nytimes.com/2001/09/02/business/yourmoney/02SDUE.... note Shiller wrote "Irrational Exuberance" at Jeremy Siegal's request.
And both presently concur tech stocks are overvalued.
My one cripe "Academia" seems unconcerned with the corruption factor,it seems to escape what is evaluated in their intellectual theories.It seems corruption is an unpopular topic:) Max