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To: accountclosed who wrote (37679)4/30/1999 3:10:00 PM
From: TheStockFairy  Read Replies (1) | Respond to of 86076
 
Wait, nevermind, intc fell under 60. Sorry for the bother.



To: accountclosed who wrote (37679)4/30/1999 3:12:00 PM
From: MythMan  Read Replies (1) | Respond to of 86076
 
>>Dear Blabby...In what's sure to become a new tradition on Wall Street, Abby "preannounced" that she would be "raising her year-end target for the Dow and the S&P once most companies have reported first quarter earnings." You may have missed it since it was buried in an after-hours Bloomberg article. Since we've blown past her prior targets it's time to make-up some new ones. She believes that 1Q earnings have been "absolutely stunning". Given the debt induced share buybacks taking place, she's absolutely right. We are stunned. Ahh, that warm feeling of credit expansion. Doesn't it just make you tingle all over? Obviously Abby's still bullish. We'll just have to see what happens after the "partners" safely tuck their IPO proceeds into Treasuries.<<

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