| BUSINESS WEEK MARKET FORECAST FOR 1998 |
| DOW JONES INDUSTRIAL AVERAGE | STANDARD &POOR'S 500 | NASDAQ COMPOSITE | ASSET ALLOCATION | FAVORITE STOCK SECTOR | FAVORITE STOCK |
| NAME/FIRM | MIDYEAR | YEAREND | YEAREND | YEAREND | STOCKS | BONDS | CASH |
|
|
LASZLO BIRINYI JR.
Birinyi Associates
|
9500
|
10250
|
1200
|
1800
|
75%
|
10%
|
15%
|
Cyclicals
|
America Online
|
|
ROBERT J. FROEHLICH
Zurich Kemper Investments
|
9300
|
10000
|
1200
|
1850
|
75
|
20
|
5
|
Cons.staples
|
|
|
EUGENE E. PERONI JR.
Janney Montgomery Scott
|
8800
|
9850
|
|
|
100
|
0
|
0
|
Cons.staples
|
Wm. Wrigley Jr. Co.
|
|
ANTHONY F. DWYER
Ladenburg Thalmann & Co.
|
9800
|
9800
|
1060
|
1750
|
65
|
25
|
10
|
Technology
|
Delia's
|
|
ROBERT S. ROBBINS
Robinson-Humphrey
|
8800
|
9455
|
1143
|
1860
|
60
|
35
|
5
|
Financial
|
AirTouch
Communs.
|
|
JOSEPH BATTIPAGLIA
Gruntal & Co.
|
9000
|
9400
|
1050
|
1900
|
80
|
20
|
0
|
Technology
|
Boeing
|
|
JEFF APPLEGATE
Lehman Brothers
|
8600
|
9200
|
1100
|
|
75
|
25
|
0
|
Financial
|
Microsoft
|
|
BARRY HYMAN
Ehrenkrantz King Nussbaum
|
9300
|
9150
|
1073
|
1750
|
70
|
25
1
|
5
|
Health care
|
Amgen
|
|
PETER J. CANELO
Morgan Stanley, Dean Witter
|
8400
|
9000
|
1100
|
1750
|
70
|
20
|
10
|
Energy
|
Vintage
Petroleum
|
|
RAO CHALASANI
Everen
Securities
|
9300
|
9000
|
1060
|
|
|
|
|
Technology
|
America Online
|
|
JERRY DOMBCIK
McDonald & Co.
|
8400
|
9000
|
1073
|
1720
|
75
|
20
|
5
|
Financial
|
Shoe Carnival
|
|
HUGH JOHNSON
First Albany
|
8400
|
9000
|
1100
|
1850
|
58
|
42
|
0
|
Financial
|
Fleet Financial Grp.
|
|
JACK SHAUGHNESSY
Advest
|
8500
|
9000
|
1060
|
1800
|
60
|
30
|
10
|
Technology
|
Astoria Financial
|
|
EDWARD G. RILEY JR
BankBoston
|
8500
|
8950
|
1065
|
1776
|
60
|
35
|
5
|
Health care
|
Ascend Communs.
|
|
ALLAN S. RONESS
J W Charles
|
8450
|
8900
|
1200
|
2015
|
85
|
0
|
15
|
Financial
|
Alza
|
|
THOMAS McMANUS
NatWest Markets
|
8250
|
8850
|
1100
|
1750
|
64
|
33
|
3
|
Cons.staples
|
Philip Morris
|
|
DOUGLAS CLIGGOTT
J.P. Morgan
|
8600
|
8800
|
1065
|
1750
|
60
|
30
|
10
|
Services
|
First Data Corp.
|
|
ALFRED GOLDMAN
A.G. Edwards & Sons
|
8300
|
8800
|
1050
|
1750
|
70
|
20
|
10
|
Financial
|
Reading & Bates
|
|
EUGENIA M. SIMPSON
Kirkpatrick Pettis
|
8400
|
8800
|
1080
|
2010
|
70
|
20
|
10
|
Cyclicals
|
Ballantyne of Omaha
|
|
CLARE W. ZEMPEL
Robert W. Baird & Co.
|
8380
|
8740
|
1035
|
1865
|
70
|
25
|
5
|
Financial
|
ADC Telecommuns.
|
|
ABBY JOSEPH COHEN
Goldman Sachs
|
|
8700
|
1075
|
1775
|
65
|
25
|
10
2
|
Financial
|
|
|
JOHN K. LYNCH
Interstate Johnson Lane
|
8375
|
8700
|
1075
|
1825
|
60
|
30
|
10
|
Technology
|
World Access
|
|
RICHARD DAVIS JR.
Rauscher Pierce Refsnes
|
8222
|
8666
|
1066
|
1812
|
65
|
30
|
5
|
Energy
|
American Oncology
|
|
RICHARD E. CRIPPS
Legg Mason Wood Walker
|
8400
|
8600
|
1050
|
1800
|
80
|
0
|
20
|
Health care
|
HealthCare COMPARE
|
|
CHARLES J. PRADILLA
Cowen & Co.
|
8200
|
8600
|
1060
|
1900
|
45
|
45
|
10
|
Health care
|
Eli Lilly
|
|
ALAN F. SKRAINKA
Edward Jones
|
8300
|
8600
|
1050
|
1735
|
70
|
25
|
5
|
Financial
|
Hartford Life
|
|
J. THOMAS MADDEN
Federated Investors
|
9000
|
8500
|
1025
|
1800
|
55
|
45
|
0
|
Health care
|
IBM
|
|
GREG A. SMITH
Prudential Securities
|
7500
|
8500
|
1020
|
1712
|
85
3
|
10
|
5
|
Financial
|
Kilroy Realty
|
|
THOMAS M. KERESEY
Palm Beach Invest. Adv.
|
8100
|
8450
|
1035
|
1710
|
70
|
22
|
8
|
Technology
|
Pfizer
|
|
ELIZABETH J. MACKAY
Bear Stearns
|
8800
|
8350
|
1015
|
1750
|
50
|
40
|
10
|
Services
|
DST Systems
|
|
WILLIAM L. PATERNOTTE
BT Alex. Brown
|
8000
|
8200
|
980
|
1750
|
65
4
|
20
|
15
|
Services
|
Host Marriott
|
|
PETER ANDERSON
American Express Fin. Adv.
|
7700
|
8100
|
990
|
1600
|
70
|
15
5
|
15
|
Financial
|
Washington Mutual
|
|
MARSHALL ACUFF
Salomon Smith Barney
|
8000
|
8000
|
940
|
1400
|
55
|
45
|
0
|
|
Philip Morris
|
|
ROY M. BLUMBERG
Josephthal
|
8450
|
8000
|
970
|
1500
|
50
|
30
|
20
|
Health care
|
Teradyne
|
|
ROBERT H. STOVALL
Stovall/21st Advisers
|
8936
|
7999
|
955
|
1580
|
45
|
40
|
15
|
Financial
|
| |
|
CHARLES G. CRANE
Key Asset Management
|
7400
|
7800
|
960
|
1650
|
75
|
20
|
5
|
Financial
|
Wells Fargo
|
|
G. JACOBSEN
Trevor Stewart Burton & Jacobsen
|
7750
|
7750
|
925
|
1600
|
60
|
40
|
0
|
Health care
|
Olsten
|
|
A. C. MOORE
Principal Financial Securities
|
7265
|
7675
|
930
|
1560
|
60
|
30
|
10
|
Health care
|
Boeing
|
|
ERIC MILLER
Donaldson, Lufkin & Jenrette
|
8100
|
7300
|
905
|
1150
|
50
|
45
|
5
|
Health care
|
Wells Fargo
|
|
ROB BROWN
Ferris, Baker Watts
|
7401
|
7061
|
841
|
1389
|
40
|
45
|
15
|
Health care
|
Patina Oil & Gas
|
|
JOSEPH H. BARTHEL
Fahnestock
|
8400
|
7000
|
840
|
1400
|
60
|
30
|
10
|
Utilities
|
Snyder Communs.
|
|
MARC DION
Ziegler Asset Management
|
6800
|
7000
|
850
|
1480
|
95
|
0
|
5
|
Financial
|
Harris Corp.
|
|
MICHAEL METZ
CIBC-Oppenheimer
|
6500
|
7000
|
880
|
1550
|
25
|
50
|
25
|
Utilities
|
Polaroid
|
|
DON R. HAYS
Wheat First Butcher Singer
|
7900
|
6300
|
770
|
1130
|
72
|
16
|
12
|
Health care
|
Duke Energy
|
|
ROBERT F. DICKEY
Dain Bosworth
|
7200
|
6100
|
760
|
1150
|
60
|
20
|
20
|
Cons.staples
|
Niagara Mohawk Pwr.
|
|
CONSENSUS
|
8311
|
8464
|
1018
|
1768
|
65
|
26
|
9
|
|
|
|
1
Includes 10% in high yield bond funds
|
2
Includes Goldman Sachs Commodity Index
|
3
Includes 25% in real estate investment trusts
|
4
Includes 5% in real estate
|
5
Includes 10% in emerging market debt
|
| DATA: BUSINESS WEEK
|
