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To: Broken_Clock who wrote (41451)5/18/1999 11:46:00 AM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
interesting the you could slip this in and have no one comment on it
-ng-

That does not suggest that since "fair value" may be 12,000, that there is no correction ahead. Markets often over-shoot fair value on both sides of the equation by as much as 30%. Nonetheless, for the Dow to reach the 14-15,000 level by August is not out of the question. However, a correction of 14% or up to 23% still remains in the cards for later this year.

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