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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: ChrisJP who wrote (19154)	10/1/2001 9:42:58 AM
From: DebtBomb	Respond to of 208838

Yeah Chris, ISSX really got taken to the cleaners, almost everything has though. Stocks just keep on getting cheaper. I think SI is slowly dieing. I'm wondering if it's going to end up being shut down. I haven't seen keith around for a long time.

To: ChrisJP who wrote (19154)	10/1/2001 9:43:50 AM
From: puborectalis	Respond to of 208838

9:38am 10/01/01 Pru's Keon sees "good value" in tech By Julie Rannazzisi Prudential Securities' Ed Keon said that assuming tech stocks follow a recovery pattern similar to the early 1990's slump/recovery, the group represents "good value" at current levels. "We think that the response to the horror of Sept. 11 might require an increased use of technology. The reaction to events of Sept. 11 might accelerate both the short-term tech downturn and eventual recovery." On Sept 17, he went from an "underweight" in the tech group to an "equal weight" on belief that tech might be an important part of the solution in a post-attack world. But he concedes that tech stocks aren't cheap by most traditional measures and said that tech earnings estimates have fallen as fast or faster vs. tech stocks prices. Meanwhile, Bank of America's Tom McManus said weekly data from AMG estimates that outflows from domestic equity mutual funds amounted to negative $14 billion during the month of September. But the strategist believes fund performance rather than the Sept. 11 events caused some investors to lose patience and sell their funds.