We had expected that 1999 would be a good year for the economy, profits would grow and inflation would stay under control, ... If that's right, 2000 should be yet another year of this economic and profit expansion and stocks should continue to rise.
In 1997, investors were going for the sizzle around the world; this time they're going for the steak, ... The United States is the supertanker economy and assets in the United States represent good value.
My feeling is there are some good opportunities left in the Nasdaq, ... But investors have to be careful.