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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: Gabor who wrote (11009)	8/5/1998 10:42:00 AM
From: Sam	Respond to of 13594

Second wave of broker reits (7 this time), recs, revised estimates upward... news.com S.

To: Gabor who wrote (11009)	8/5/1998 11:36:00 AM
From: Sam	Read Replies (1) \| Respond to of 13594

Goldman's Abby Cohen Calls Shares 'Undervalued' New York, Aug. 5 (Bloomberg) -- Goldman, Sachs & Co.'s influential stock market strategist Abby Joseph Cohen said the recent declines in the U.S. stock market were an ''overreaction'' and said stocks are a good buy. ''Stocks are trading at undervalued levels, even assuming a notable increase in inflation,'' Cohen wrote in a note to clients. ''Stock prices have returned to the bottom end of the trading range that began in April,'' the strategist wrote. ''We believe that the fundamental factors attracting attention (earnings, Asia, and inflation) are better than is currently reflected in equity prices.'' I always liked Abby... S.