Message-ID: <1930263.1075840407243.JavaMail.evans@thyme> Date: Sun, 13 Jan 2002 23:37:44 -0800 (PST) From: 1.14166227.-2@multexinvestornetwork.com To: chris.dorland@enron.com Subject: January 14, 2002 - The long and the short Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Multex Investor <1.14166227.-2@multexinvestornetwork.com>@ENRON X-To: Dorland, Chris X-cc: X-bcc: X-Folder: \ExMerge - Dorland, Chris\Deleted Items X-Origin: DORLAND-C X-FileName: chris dorland 6-26-02.PST In today's edition of the Daily Update, we feature two perspectives on the economy from a pair of independent thinkers. Charles Payne, principal analyst of Wall Street Strategies, takes a wide-ranging view of market conditions and identifies individual stocks and sectors, as well as key support levels. And chartered financial analyst William Valentine tells investors about seven economic indicators he believes are key bellwethers. ======================== Sponsored by ========================= THE MONEY FLOW WEEKLY is up over 111% on our last 12 trades! WE TRACK WHERE THE MONEY IS FLOWING within the 240 Sectors and pick no more than six stocks to buy or short. We are on FIRE! Brought to you by BullMarket.com http://www.BullMarket.com/cgi-bin/jan/pl.cgi?sup54511 ============================================================== Members like you should take advantage of our exclusive relationship with Morgan Stanley and register for the firm's free research trial. Today, our focus is on PG&E (PCG), which it calls an "attractive utility turnaround play." Today, we also feature a pair of broker reports focused on healthcare: an overview of the pharmaceutical industry from CIBC World Markets and a biotechnology company under review by Stephens, Inc., and more. You can also link directly to our research page, which features synopses of broker and free reports, by clicking here: http://www.multexinvestor.com/article.asp?docid=5918&nd=0114 *************************************************************** You are receiving this mail because you have registered for Multex Investor. To unsubscribe, see bottom of this message. *************************************************************** Below -------- - Investment ideas - Broker and third-party research - Online advice and chats - Free and sponsored reports Investment ideas ----------------------------------------- 1. INVESTMENT IDEAS The long and the short Economic factors that will impact the market and investors--and vice versa By Charles Payne, principal analyst, Wall Street Strategies Last year capped the worst two-year stock tumble since 1973-1974, and effectively eliminated all the hype and hope that mobilized individual investors during the late 1990s. (Although it is unlikely that the individuals who remain in the market continue to expect the returns of yesteryear, investors probably still expect too much from the broad market.) Today, investors are understandably concerned about the market, and are leery of chasing stocks. However, there will be a time during the year when you've just missed the boat (as most missed it last year). And I'm just as sure that something will test the resolve of the market--an event or series of events that will send stocks tumbling. However, I think it is a big mistake for investors to wait for it, or to wait for some type of testing of the bottom. By the same token, however, I think it is still important to take profits and maybe be a little more flexible with stops. I suspect that after two years of depression, this market will still suffer from bouts of mental instability. Let those bi-polar moments work for you. There are tons of funds on the sidelines waiting to chase this market. Keep a steady head, don't panic, and stop worrying about the worse case scenarios. Fundamental change cannot happen until we see a change of mind among investors. Below are my thoughts on leading economic indicators, market trends, my picks of the year, and some sector ideas. Click here to read more. http://www.multexinvestor.com/article.asp?docid=5906&nd=0114 ======================== Sponsored by ========================= Get 10 FREE issues of Investor's Business Daily. More than just a newspaper, Investor's Business Daily is a unique research tool designed to identify winning stocks with insightful charts and ratings you can't find anywhere else.This offer carries no obligation and there's nothing to cancel. http://ibd.infostreet.com/cgi-bin/freeoffer.cgi?source=A362GGL ============================================================== 2. INVESTMENTOR Economic check-up Seven economic indicators that point to a mid-year recovery By William Valentine, CFA Going to the doctor is not always a pleasant experience, but it's always good to get a check-up. I'm reminded of the contrasts of such experiences by the goings-on around the Valentine household. In the same week that we're going to see our healthy in utero baby on an ultrasound monitor, my Labrador retriever is going to see the doggy doc in order to have his sireship extracted. And it's with these visuals (you're welcome), that I lead you to my point about check-ups and the economy. For it's time to check in on my "Big Seven" indicators in order to see whether we'll get the mid-year recovery that everyone seems to be counting on, or if this check-up leads to a dog- on forecast. Click here to read more. http://www.multexinvestor.com/article.asp?docid=5913&nd=0114 Broker and third-party reports ----------------------------------------- 1. INVESTORS' CHOICE: 3-DAY FAVORITE The 451 discusses Cisco's (CSCO) new focus on the mobile wireless market. This report examines IP infrastructure spending, the next-gen Internet and network architecture layers, Cisco's strategic alliances and mobile business customer targets, and advanced e- services and content applications. (2-page report for purchase - $5) http://www.multexinvestor.com/download.asp?docid=5676705&nd=0114 2. TODAY'S SPECIAL REPORT Lehman Brothers explains why it sees Ma Bell as 'buy.' Lehman takes a comprehensive look at T, with analysis of the various parts of the company including business and consumer services, detailed coverage of the pending broadband deal, and an overall valuation opinion. (13-page report for purchase - $50) http://www.multexinvestor.com/download.asp?docid=5711628&nd=0114 3. EDITOR'S PICK: CURRENT RESEARCH FROM THE CUTTING EDGE Bear Stearns publishes its January buy list for investors. In total, the firm's analysts identify over 250 stocks in 63 industries and 8 broad economic sectors it considers worthy of buy-list status. No commentary here, but the report includes basic data including market cap and earnings info. (13-page report for purchase - $50) http://www.multexinvestor.com/download.asp?docid=25927715&nd=0114 4. THIRD-PARTY REVIEW Standard & Poors offers its investment opinion on home improvement giant Home Depot (HD). S&P provides its investment assessment on HD, including an overview, valuation analysis, and business summary. Also, an industry outlook, peer group comparison, as well as Wall Street consensus estimates for the stock. (5-page report for purchase - $5) http://www.multexinvestor.com/download.asp?docid=407776&nd=0114 5. WHAT'S HOT? Stephens, Inc. discusses the regulatory hurdles facing ImClone's (IMCL) Erbitux cancer drug. Stephens provides an updated on the situation, including what it feels the chances are that the drug is approved (and when), why the approval process may be more difficult than first thought, and a new valuation analysis on IMCL. (4-page report for purchase - $10) http://www.multexinvestor.com/download.asp?docid=25945177&nd=0114 ======================== Sponsored by ========================= The Telecomm Analyst: Wall Street's daily and weekly industry outlook Multex's The Telecomm Analyst features daily telecommunications-industry specific research highlights, investment ideas, analyst opinions, portfolio strategies: http://www.multexinvestor.com/Analysts/HomeTTA.asp To be sure you receive your TTA newsletter every week, click here: http://www.multexinvestor.com/login.asp ============================================================== Online advice and chats ----------------------------------------- 1. ASK THE ANALYST Schaeffer's Research's Bernie Schaeffer explains why he believes "bull market talk" is premature. Noting the inability of the Dow Industrial and S&P 500 indices to break through their 40-week moving averages, Schaeffer explains why it's too early to be calling a bull market. Feel free to ask him questions through today, Mon., Jan. 14, 5 PM ET. Ask the analyst. http://www.multexinvestor.com/AskTheAnalystForm.asp?&nd=0114 Prepare for the investing week ahead with Bernie's insight to the hottest sectors and stocks. Sign up below for Bernie's FREE e-weekly market report, Monday Morning Outlook. Click here http://www.schaeffersresearch.com/redirect.asp?CODE=GB01A8&PAGE=1 2. ASK THE EXPERT Multex.com's Alan Cohn explains some of the ways Americans will benefit from new tax laws. Citing aspects of new tax rules relating to individuals over 50, education, and estate taxes, Cohn shows how a wide range of citizens will benefit. How do the new laws affect you? He can take your questions until Thurs., Jan. 24. Ask the expert. http://www.multexinvestor.com/AskTheExpertForm.asp?&nd=0114 Free and sponsored reports ----------------------------------------- 1. FREE RESEARCH REPORT CIBC World Markets reports the latest from the pharmaceutical industry. CIBC briefs investors on the latest sector news, provides regulatory and FDA approval updates, and looks at drugs in development and drug collaborations. This 8-page report, which usually sells for $25, is free to members for the next 72 hours. http://www.multexinvestor.com/download.asp?docid=25934259&nd=0114 2. DAILY FREE SPONSOR REPORT Morgan Stanley sets a $26 price target on "outperform-volatile"-rated PG&E (PCG). The firm argues that PCG is an "attractive utility turnaround play" with plenty of upside potential. Register for the firm's free research trial to read more about key investment positives and investment risks inherent in this stock. http://www.multexinvestor.com/download.asp?docid=25036405&sid=8&nd=0114 =================================================================== Please send your questions and comments to: mailto:investor.help@multex.com If you'd like to learn more about Multex Investor, please visit: http://www.multexinvestor.com/welcome.asp If you can't remember your password and/or your user name, click here: http://www.multexinvestor.com/lostinfo.asp If you want to update your email address, please click on the url below: http://www.multexinvestor.com/edituinfo.asp =================================================================== To remove yourself from the mailing list for the Daily Update, please REPLY to THIS email message with the word UNSUBSCRIBE in the subject line. 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