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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (92082)7/7/2002 10:37:27 AM
From: Softechie  Read Replies (1) | Respond to of 99280
 
Every ficking strategists in this article will be wrong with their prediction...

Richard Bernstein, Merrill Lynch.

Old S&P target: 1200. New S&P target: 1050.

Barry Hyman, Ehrenkrantz King Nussbaum

Old S&P target: 1250. New S&P target: 1150.

Al Goldman, A.G. Edwards

Old S&P target: 1275. New S&P target: 1160.

Brian Belski, U.S. Bancorp Piper Jaffrey.

Old S&P target: 1300. New S&P target: 1150-1200.

Jeffrey Applegate, Lehman Brothers

Old S&P target: 1350. New S&P target: 1200.

Thomas Galvin, Credit Suisse First Boston

Old S&P target: 1375. New S&P target: 1200-1250.

Ed Kerschner, UBS Warburg

Old S&P target: 1570. New S&P target: 1360.

Except for Doug Cliggott, formerly of J.P. Morgan Chase and one of two who predicted a bad year, left the firm to work for a Swedish investment firm.

Steve Galbraith of Morgan Stanley didn't return calls.



To: Softechie who wrote (92082)7/7/2002 12:00:15 PM
From: ChrisJP  Read Replies (1) | Respond to of 99280
 
Softechie -- there were some S&P 500 earnings predictions for 2002 the article you posted.

Is there any basis for believing that the S&P 500 will earn $50 this year ? Do you know what they've earned so far this year ?

Thanks,
Chris