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To: Earlie who wrote (209734)12/16/2002 5:54:21 PM
From: mishedlo  Respond to of 436258
 
Washington State budget Cuts
Was out all day sorry if dup
archives.seattletimes.nwsource.com



To: Earlie who wrote (209734)12/16/2002 6:08:34 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
Heres good news for you Earlie.
Look at this shit.

thestreet.com

I'm trying to think of a way that she could have twisted Bill Gross's outlook any further - haven't got it yet. How are these people employed as market writers? I can think of a few people just on this board thestreet.com would get more from their money from.

The stars of 2002's financial news programs aren't the slick CEOs of the boom years -- they're the more circumspect money managers shepherding their flock away from the bear's grasp.

But circumspect doesn't mean pessimistic -- some have been almost outright bullish regarding the equity market. Of course, fund managers, as investors are well aware, have been wrong before. But when one of the most respected equity managers and one of the most respected bond fund managers sound similarly sanguine notes about stocks, even the most discouraged investor may find reason for hope.

Hopeful for 2003

Bill Miller, manager of the Legg Mason Value Trust fund, which is on track to beat the S&P 500 index for the 12th year in a row, has even higher hopes for next year's performance.

"We're positioned with zero cash and are looking at high-beta stocks, which will lead the recovery," Miller says. (Beta measures the volatility of a stock relative to the market. High-beta stocks would have greater highs and lower lows than the overall market.)



To: Earlie who wrote (209734)12/16/2002 6:35:54 PM
From: yard_man  Respond to of 436258
 
buying stocks on the cheap <g> ...

biz.yahoo.com