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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (803)	6/27/2002 11:23:15 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

Roach CNBC interviewed: "onion peeling one layer at a time" first the Naz sold off then tech capex spending then the dollar next consumer spending (he left out real estate) he sees economy as sluggish in near future too much hope is embedded in 2nd Half 2002 and into 2003 he sees no accelerated demand he agreed with Cliggott as expected 10-20% stock decline Cliggott interviewed: hard to determine proper valuation since earnings are hard to define sees "right" price for S&P as 800-900 sees 10-20% lower stock market over next 12 months Slifer interviewed: sees powerful fiscal and monetary stimulus producing stronger 2nd Half 2002 fwiw, jim p.s. so far Roach has been right on