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To: John F. Dowd who wrote (164912)5/4/2002 5:56:06 PM
From: wanna_bmw  Read Replies (2) | Respond to of 186894
 
JFD, I think it is undue pessimism. Consumer spending is already at seasonal levels, and I think that corporate spending will resume *slowly* starting later this year, and at the first sign of sustainable good news, the bulls will come back. I think a Nas of 1900-2000 is not unreasonable by the end of the year. I'm hoping that 2003 will push it up to 2500.

wbmw


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