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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (13391)	11/2/1997 10:50:00 AM
From: j g cordes	Read Replies (1) \| Respond to of 50167

>>What effect will this upcoming Iraq crisis have on the market? Should we stay away from certain sectors? << What Iraqi crisis?

To: AlienTech who wrote (13391)	11/2/1997 11:10:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

AT- Look at todays NYT- most of the big guns have raised their allocation in equities higher since Oct 28th-Includes Doug Cliggot of JP Morgan- Abby Joseph Cohen of Goldman Sachs- Byron Wein of Morgan Stanley. In mid Oct Jeffrey applegate of Lehman Brothers increased its portfolio allocatiojn to 75% from 65%. David Shulman of Solomans and Charles Clough of Merill Lynch left their recommendations unchanged. Asset reallocation indicates Wall strategists are seeing this drop as a buying opportunity.