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To: Lucretius who wrote (125997)9/27/2001 2:41:38 PM
From: sammaster  Read Replies (2) | Respond to of 436258
 
rally mode in dow naz...
real buying, short covering or end of quarter shenanigans?



To: Lucretius who wrote (125997)9/27/2001 3:03:15 PM
From: pater tenebrarum  Respond to of 436258
 
indeedy.



To: Lucretius who wrote (125997)9/27/2001 3:33:34 PM
From: who cares?  Read Replies (3) | Respond to of 436258
 
Have you seen CNBS's new economist, Marci Rossell?(replacement for the CNN bound Kathleen Hayes). Not just another pretty face, but also a clown.
thestreet.com

2/8/01
Marci Rossell, chief economist at Oppenheimer Funds, agrees that high multiples are warranted in some cases, especially in the technology sector. In particular, Rossell likes fiber-optic stocks, arguing that while "many of these stocks still have relatively high valuations, such P/Es are justified given their long-term trajectory."