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To: Jacob Snyder who wrote (41637)4/5/1999 4:22:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 95453
 
Jacob: I agree with you except on one point:

<<4. the value investors who've been 50% cash for the last two years, because they can't find anything to buy, buy.>>

Are there many left in this group? Methink maybe a few, but definitely not many.

Best.



To: Jacob Snyder who wrote (41637)4/5/1999 5:38:00 PM
From: Crimson Ghost  Respond to of 95453
 
Jacob:

You are one of the few people around who is more bearish on the overall stock market than I am. I see a drop to Dow 7000 or so by fall as interest rates climb higher and the momentum players start selling on balance. Value players will not be buying the leaders until they have dropped much lower. So we may hit some real air pockets once the momentum boys start unloading.

I still see OSX moving towards 80 this spring after some additional short-term weakness. But probably down to 60-70 by fall as the overall market tanks. Then at least 150 by year-end 2000.