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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Michael Coley who wrote (40402)12/18/1997 7:21:00 AM
From: Teddy  Read Replies (2) | Respond to of 58324
 
William Barker, market strategist at Rauscher Pierce
Refsnes in Dallas, said he still expects the Santa Claus
rally to arrive, even if it practically has to share the Big Guy's
sleigh. "I think it'll start next week and probably carry well
into the month of January," Barker said. "I think the January
effect will take hold. Money will go into mutual funds in a
fairly big way as 401s and pension funds are funded."

Barker is looking for small- and mid-cap stocks, beaten
down since the Oct. 27 market hoo-hah, to rebound smartly
in the beginning of 1998. "After the October break people got
pretty nervous, and when they're nervous they buy blue-chip,
big, liquid names," he said. "Once we get the investor a little
calmer about the economic outlook for next year, I think he'll
go back to [smaller stocks]."