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To: Sonny McWilliams who wrote (46057)1/19/1998 4:44:00 PM
From: Barry Grossman  Read Replies (2) | Respond to of 186894
 
Sonny,

<< It is a help factor and luckily we have the net now which gives us a mountain of information and the capability to check on those analysts recommendations by doing our own research>>

It is also a great help to be able to discuss the issues with others in a forum such as this. All the information that is good seems to seep to the surface. An example of the Delphi method at work.

I like Abbey not only for her consistancy, but for her good sense. Her reasoning regarding Asia and how much of an effect it is really having, given all the other considerations going on in the economy, is a good example of clear thinking. I think it's her clear thinking that has kept her from changing her bullish stance for the last few years.

On the other hand, Michael Metz from Oppenheimer and the bull from Montana (can't recall his name - sombody help me) are examples of muddled thinking.

But the market doesn't know what to do with continuing good news for the American economy. Since it's now been good for so long, the media is ready to pounce on any sign of negativity they can find and are only too ready to pontificate on the dire consequences of their prognostications.

They never give equal time to the optimistic point of view - which has been the correct view. Too boring I guess.

Barry