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To: D.J.Smyth who wrote (64459)9/9/1998 4:50:00 PM
From: SecularBull  Respond to of 176387
 
Let's hope Lehman Bros. are right!



To: D.J.Smyth who wrote (64459)9/9/1998 4:51:00 PM
From: Sabrejet  Respond to of 176387
 
Darrell, wasn't that yesterdays news!!! ;)

Take a look at some of the stocks like TBR (per CNBC-pe of 5), RN, the food side alone is worth $30 and look where it trades. I could go on and on!!!! The fact is, people are waking up to fundamentals of the high flyers and the mood is changing. As well, investors continue to ignore stocks which show minimal risk. This is a paradigm shift, short term and the end result is...GET SAFE! Head for a place to wait it out!

I have made money during these times but my willingness to spend some of it is debatable! Last year, I was willing to do this or that...now, WE stick to the budget and wait!

sec-zebra



To: D.J.Smyth who wrote (64459)9/9/1998 7:36:00 PM
From: Mohan Marette  Respond to of 176387
 
So much for preemptive 'strike' by the FED.

Darrell

Thanks for that report by Stewart Winogard about Lehman's strategist's opinion on the FED and the market in general. I do belive Greenspan and FOMC will have no choice but to ease the rates in Sept or sometime soon as they have no choice.The market has taken the lead and the Central bankers will have to follow this time around,so much for preemptive strike by the FED.


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