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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (32632)	10/28/1998 5:55:00 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 94695

GZ, surprise a honest broker. Merrill Lynch analyst on CNBC, (forgot his name starts with B) recommended to get out of cyclicals and guess what else Computer stock e.g. DELL, GTW etc, <ggg> His take was that the earnings have not been hit yet by the slowdown and 6 months from now earnings will be lower. Also Forrester research issued a study predicting sharply lower computer sales begining within a year. OP's Also Biggs was on today and he predicts DJIA 6000 next year, bit to low to my taste as the FED & Mr. Rubin will let it go so low, but who will argue about that. Another interesting note institutions are sitting on their hands - no orders to the floor according to Bob Passani. And funds inflows were a trickle. Interesting times. BWDIK Haim