Joseph Cohen Quotes

We expect the DJIA to outperform the S&P 500 in 1999, following notable under-performance in many recent quarters due to differences in industry composition.

- Joseph Cohen

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Expect | Djia | Outperform | 1999 | Notable |

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[Abby Joseph Cohen of Goldman Sachs sees the index reaching 1,650, the middle of the range. In a research note, Cohen looked favorably on a market landscape that, because of the tech sell-off, narrowed the valuation gap between growth and value stocks.] We conclude that the equity market should be a much friendlier place going forward, especially for those portfolio managers who focus on companies fundamentals rather than momentum strategies, ... Careful selection will be the key to strong relative and absolute performance in 2001, as it has been since March 2000. - Joseph Cohen

Equity valuation has improved since March... the most attractive they have been all year. - Joseph Cohen

We expect the DJIA to outperform the S&P 500 in 1999, following notable under-performance in many recent quarters due to differences in industry composition. - Joseph Cohen