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To: Mohan Marette who wrote (71659)10/13/1998 10:32:00 AM
From: Eddie Kim  Read Replies (1) | Respond to of 176387
 
I think CPQ will report $0.08 or better given how Pfeiffer acted last Friday, but given how CPQ has been lately it might report $0.06. what really is important is the CC and what Pfeiffer has to say.

I do think it was very premature for the analyst today to lower 4th Q numbers before the 3rd quarter numbers came out. Why not just wait one more day??? Short covering??




To: Mohan Marette who wrote (71659)10/13/1998 11:52:00 AM
From: stockman_scott  Read Replies (1) | Respond to of 176387
 
A New Financial Markets Analysis --By Brown Brothers Harriman 10/13/98

-We are raising our intermediate-term (6 month outlook) to "strongly bullish" from "moderately bullish."

-Now that the stock market has recorded two solid days on the upside following the 10/8/98 test of the August low, we believe that the test can be considered a success.

-We expect that the S&P 500 and Dow Jones Industrials are headed for new highs in the first half of 1999.

-By far the most positive factor for stocks is the ongoing increase in our composite liquidity index, which is being driven by rapid increases in M2 money supply growth.

-Technically, the major preconditions for a major advance are in place (i.e., the market is extremely oversold and investor sentiment is excessively bearish).