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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (776)	8/13/1998 4:13:00 PM
From: Paul Shread	Respond to of 1999

ALL of my stocks have become turds. I'm starting to hope for a trading range a la November-January instead of a rally. This is ridiculous. Hello, people. News Flash: Russia is an economic backwater. It was before its ridiculous runup and -- surprise! -- it still is. The impact of a ruble devaluation is entirely psychological. Hey, did anyone hear what happened in Abby Cohen's meeting with GS' sales force this morning? I don't know why the market shouldn't listen to her instead of Barton. She's been right a lot more often. And Ralph -- phhh -- forget Ralph.

To: JakeStraw who wrote (776)	8/13/1998 4:28:00 PM
From: Paul Shread	Read Replies (1) \| Respond to of 1999

From CBS MarketWatch: Widely-followed market strategist Abby Joseph Cohen of Goldman Sachs said that Asia's impact on U.S. economic growth will be muted, and sees opportunities in shares of computer hardware and software makers, drug concerns, and credit-card companies. In a conference call with clients, Cohen said she believes the U.S. stock market is undervalued by 5 percent to 8 percent. She sees the Dow reaching 9,300 by year-end, about 9 percent above current levels. For the S&P 500 index, her price target is 1,150 by year-end and 1,250 in the next 12 months, about 6 percent and 15 percent higher, respectively, than present levels.