Replies to post #60810 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

You should expect interest rates to creep up, so that PE of 26 may not be reached, there are also questions if GM's major contribution to the earnings (some $44) will hold.

Zeev

[Zeev Hed]

Actually, considering the mid course correction given in April 2002 (shave off 300 Naz points from subsequent numbers on the road map due to lack of achieving the expected spring double top above the January top (the Dow made it, but not the Naz), that road map was pretty good. We finished the year, however, much weaker than expected, partially, since the Iraqi situation was not resolved in October as I expected 12 months ago.


Zeev