Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (14507)	8/24/1998 5:49:00 PM
From: Oeconomicus	Respond to of 164684

Oh Abbey Cohen, Wall Streets prophet reiterated today that equities are under-valued by 10%. Yeah, and if they gain that 10%, she will announce a new target 10% above that. She doesn't know the meaning of the word "value". Actually, I thought she said her target for the S&P was 1150 by year end, 9300 for the Dow (and not a new high in either). Did I hear wrong? That's only 6% above today's low (8% for the Dow). Is she suggesting that something will prevent stocks from returning to "fair value"? BTW, if she was screaming "BUY!" all the way down from 9300 and, now, that's her year-end target, what was her target before and what caused her to lower it? Bob