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To: Glenn D. Rudolph who wrote (30102)1/12/1998 11:08:00 PM
From: getgo234  Respond to of 61433
 
To Glenn and others:
CNBC reported late today that Abbey Cohen, Goldman Sacks, informed
CNBC that she felt that the market was 5 to 10% undervalued currently.
Abbey typically uses the S & P 500 as a reference. I believe she was also quoted as saying that she liked the tech stocks and financial
services. (Someone please correct me if I am mistaken on the sectors).
Byron Wien, Morgan Stanley, noted in Barrons dated 1/12/98 and again today on CNBC
that a fairly valued market today based on current interest rates
is S & P 500 at 980. Sounds like Abbey and Byron use the same asset valuation models.