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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: chenys who wrote (25229)11/25/1998 2:47:00 AM
From: joe  Read Replies (1) | Respond to of 45548
 

*OT*

q:

>>Or, to be exact, if this is a big oops for Greenspan, then we are not going to see his helping hands for sometime to come.<<

IMO, we'll get a better view of how Greenspans rate cuts are
doing by looking at the first 2 weeks of December which is
preannouncement month. IMO, things will look better for
corporate profits mainly because US $ strength has dropped.

If it's still a problem, Greenspan will lower again.

The trend is in our favor. Combine that with good fundamentals
and COMS will be a gold mine sooner or later. Just have to be
patient as usual.

IMO, the DOW's is going past 10K with out any problem. Chase
Manhattan, some major brokerage firms are saying the same
as below...very good news for financials, and they'll start
lifting fast. I wouldn't be surprised with DOW 11K before
you know it.:-)


Chase Manhattan Corp. (CMB) 65 7/8 +7/8: CIBC Oppenheimer upgrades money center bank from "hold" to "buy" as bank is on the
verge of potential multiple expansion; raising FY99 EPS due to narrowing of credit spreads; expects capital market activity to rebound more quickly than originally estimated; raises FY99 EPS from $42.5 to $4.70 a share and has a price target of $75.....