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To: JAMES BORECKI who wrote (87310)12/30/1998 7:51:00 AM
From: Mohan Marette  Respond to of 176388
 
JimB: Keep them candles lit and going, perhaps that will help,matter of fact I am sure it will and besides didn't I tell you where the stock price will be in Jan and Feb,if you don't believe me you can always buy some InterNuts.<g>

'I still wonder, however, what will drive this stock in the absence of MD's words. Maybe faith.'



To: JAMES BORECKI who wrote (87310)12/30/1998 8:17:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176388
 
Wed, 30 Dec 1998, 8:14am EST

Prudential's Acampora Sees Possible 11,500 Dow in 1999, on CNN

JimB:
The pundits have spoken,now we all can go back to sleep.
========================================

New York, Dec. 29 (Bloomberg) -- The U.S. stock market will
experience ''a lot of bumps'' in 1999, yet end higher than this
year, said Ralph Acampora, Prudential Securities Inc.'s director
of technical research, on Cable News Network's ''Moneyline.''

Acampora, reiterating earlier comments, said ''we've got the
elements of a higher market,'' with the Dow Jones Industrial
Average reaching 9,900 by year end without much difficulty and
possibly rising to 11,500.
''We have the worst behind us,'' Acampora said, referring to
the July-to-October bear market.

Acampora also said he expects the market to ''broaden,''
with mid-and small-capitalization companies seeing gains similar
to ones experienced by the larger companies.

Morningstar Inc. President and Chief Executive Don Phillips,
also on the show, said the mutual-fund research company is
starting to see some better returns from managers who focus on
mid-sized and smaller companies. He said managers of small-cap
stock funds who claim their holdings are ''so cheap relative to
those of the S&P 500'' make a compelling argument.
''I think that in time the valuation disparity (between
small and large company shares) will correct, and you will see
greater performance'' from the smaller stocks, Phillips said.

Acampora maintained next year will be a stock-pickers
market. He recommended AT&T Corp., General Electric Co., Texas
Instruments Inc., Barnes & Noble Inc. and Liposome Co.

Acampora recommended that investors select a group of
Internet companies, rather than individual ones, to protect
against the industry's volatility.



--------------------------------------------------------------------------------




To: JAMES BORECKI who wrote (87310)12/30/1998 10:55:00 AM
From: Chuzzlewit  Respond to of 176388
 
James, you asked what will drive this stock in the absence of MD's words.

Try MD's actions and the company's earnings. All else is noise.

TTFN,
CTC