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To: stockid who wrote (626)	10/3/2002 10:48:04 PM
From: stockid	Respond to of 1903

Quote(s) of the week: "There hasn't been a whole lot of good news. After 2 1/2 years of everything you buy going down, people are having second thoughts about getting invested for the future." Philip Dow, director of equity strategy at RBC Dain Rauscher. "We are in a very strong bear market. Of course there will be a bottom, but that level may be a lot lower than we thought." Rick Meckler, president of investment firm LibertyView. "A lesson from the past is that optimists are always betrayed and disappointment hits the market. So we can't be fully confident about seeing a bright future." Tetsuya Ishijima at Okasan Securities in Tokyo. "The fact that you have a disproportionate number of companies coming up with negative pre-announcements not anticipated by analysts prior to the last couple of weeks makes it a much more difficult environment. "What I'm seeing here is, when we get to the bottoms again ... There is a tendency for the market to recover somewhat, but there is a lack of traction underneath because there's no follow-through." Joseph V. Battipaglia, chief investment officer at Ryan Beck & Co. Old Joe isn't sounding so bullish these days. "Stocks are sliding today. We had two days of a good run and we're taking a breather." Bob Basel, head of listed trading at Salomon Smith Barney making comments early Friday when the Dow was down only about 100 points. The index eventually ended the day wiping out nearly all of its gains from the previous two sessions. Quite a breather. "The only correct decision about the market in two and a half years has been to sell. That's a tough environment." Edward Hemmelgarn, president of Shaker Investments. sk