12/28/98 TABLE: Market Forecast Survey for 1999 (.pdf)

Return to main story

Market Forecast Survey for 1999

Text version of table begins below.
NOTE: To preserve the exact look of this table as it appears in the magazine, it has also been saved in Adobe's Acrobat portable document file (.pdf) format. It may then be viewed with the Adobe Acrobat Reader.
If don't already have Adobe's Acrobat Reader software installed on your machine, visit Adobe's Acrobat Web site at: http://www.adobe.com/prodindex/acrobat/readstep.html and follow the instructions to download the helper application for your computer system. Once you have installed the software, use the "Back" button on your browser to return to BW Online.
Click here for a .pdf version of this table.

DOW JONES STANDARD & NASDAQ INDUSTRIAL AVERAGE POOR'S 500 COMPOSITE MIDYEAR YEAREND YEAREND YEAREND LASZLO BIRINYI JR. Deutsche Bank Securities 10050 12010 1500 2800 ELAINE GARZARELLI Garzarelli Capital - 12000 1550 2670 TOM GALVIN Donaldson Lufkin & Jenrette 10100 11000 1300 - TOM MCMANUS The Strategy Connection 9800 10900 1375 - JOSEPH BATTIPAGLIA Gruntal & Co. 10000 10500 1300 2300 PETER J. CANELO Morgan Stanley Dean Witter 9250 10500 1325 2385 JOHN K. LYNCH Interstate Johnson Lane 9750 10500 1350 2400 PHIL ORLANDO Value Line Asset Management 10100 10500 1400 2600 ALLAN S. RONESS JW Genesis Securities 9500 10500 1650 2700 CLARE W. ZEMPEL Robert W. Baird & Co. 9510 10365 1320 2365 EUGENE PERONI Janney Montgomery Scott 9900 10200 - - BARRY HYMAN Ehrenkrantz King Nussbaum 9850 10150 1280 2170 HUGH JOHNSON First Albany 9700 10100 1300 2175 ROBERT S. ROBBINS Robinson-Humphrey 9790 10062 1323 2294 EDWARD G. RILEY JR BankBoston 10000 10025 1293 2180 RICK JANDRAIN Banc One Investment Adv. 9600 10000 1600 2200 JAMES V. PIZZO CIBC Oppenheimer 9500 10000 1275 2100 JACK SHAUGHNESSY Advest 9500 10000 1270 2180 ROBERT H. STOVALL Stovall/Twenty-First Adv. 9475 9999 1315 2775 ABBY JOSEPH COHEN Goldman Sachs & Co. - 9850 1275 - JOHN J. REGAN Josephthal & Co. 7867 9832 1256 2186 JEFFREY M. APPLEGATE Lehman Brothers 9800 1250 - RICHARD CRIPPS Legg Mason Wood Walker 9500 9800 1250 2100 CHARLES J. PRADILLA SG Cowan Securities 9345 9800 1240 1330 GREG A. SMITH Prudential Securities 10000 9800 1225 - EDWARD KERSCHNER PaineWebber - 9750 1250 - ELIZABETH J. MACKAY Bear Stearns & Co. 8000 9650 1270 2000 CHARLES G. CRANE Key Asset Management 8900 9600 1200 2200 ALFRED GOLDMAN A.G. Edwards & Sons 10000 9600 1300 2000 J. THOMAS MADDEN Federated Investors 10000 9500 1250 2200 RICHARD G. UNRUH JR. Delaware Investmts. 8000 9500 1150 - JERRY DOMBCIK McDonald Investments 8300 9400 1230 1900 DOUGLAS CLIGGOTT J.P. Morgan 9000 9300 1200 - ROGER DEBARD Hotchkis & Wiley 8677 9140 1081 1703 PETER ANDERSON Amer. Express Fin. Adv. 8700 9100 1150 1900 RAO CHALASANI EVEREN Securities 11600 9100 - - EUGENIA M. SIMPSON Kirkpatrick Pettis 9300 9100 1175 2200 MARSHALL ACUFF Salomon Smith Barney 8500 9000 1125 1900 ANTHONY F. DWYER Ladenburg Thalmann 9800 9000 1125 2500 DAVID A. HENWOOD Raymond James & Assoc. 9900 8900 1140 1950 JOHN R. WILLIAMS Bankers Trust 8800 8900 1165 2000 MARC DION Ziegler Asset Management 7800 8400 1050 1700 G. ELLIFFE, K. MILLS & K. PERRY Jurika & Voyles 8400 8200 1050 1750 EDWARD NICOSKI Piper Jaffray 7800 8200 1050 1850 JOSEPH H. BARTHEL Fahnestock 9700 8000 1229 1900 ROB BROWN Ferris Baker Watts 8249 7969 1009 1609 DON HAYS Wheat First Union 9600 7500 950 1500 GEORGE JACOBSEN Trevor Stewart Burton & Jacobsen 7750 7000 850 1550 ROBERT F. DICKEY Dain Rauscher Wessels 8200 6800 882 1500 BILL MEEHAN Cantor Fitzgerald - - 950 1500 AVERAGES 9268 9567 1230 2081 (ASSET ALLOCATION) FAVORITE FAVORITE STOCKS BONDS CASH STOCK SECTOR STOCK LASZLO BIRINYI JR. Deutsche Bank Securities 90 0 10 Technology America Online ELAINE GARZARELLI Garzarelli Capital 60 40 0 Financials Merrill Lynch TOM GALVIN Donaldson Lufkin & Jenrette 75 20 5 Technology Merrill Lynch TOM MCMANUS The Strategy Connection 70 30 0 Cons. staples Lowe's JOSEPH BATTIPAGLIA Gruntal & Co. 100 0 0 Health care Merck PETER J. CANELO Morgan Stanley Dean Witter 70 20 10 Technology Intel JOHN K. LYNCH Interstate Johnson Lane 60 25 15 Technology MCI WorldCom PHIL ORLANDO Value Line Asset Manag't. 80 15 5 Technology Tellabs ALLAN S. RONESS Medallion JW Genesis Securities 100 0 0 Technology Fin. Corp. CLARE W. ZEMPEL Robert W. Baird & Co. 65 25 10 Health care ADC Telecom EUGENE PERONI Janney Montgomery Scott 100 0 0 Technology McGraw-Hill BARRY HYMAN Ehrenkrantz King Nussbaum 65 25 10 Technology AT&T HUGH JOHNSON First Albany 58 42 0 Technology Sun Microsystems ROBERT S. ROBBINS Robinson-Humphrey 70 25 5 Technology America Online EDWARD G. RILEY JR Cambridge Tech BankBoston 55 35 10 Health care Partners RICK JANDRAIN Banc 1 Investment Adv. 60 40 0 Health care - JAMES V. PIZZO CIBC Oppenheimer 70 20 10 Health care United Healthcare JACK SHAUGHNESSY Fleet Financial Advest 60 30 10 Technology Group ROBERT H. STOVALL Stovall/21st Adv. 70 20 10 Health care Allstate ABBY JOSEPH COHEN Goldman Sachs & Co. - - - - - JOHN J. REGAN Josephthal & Co. 95 0 5 Technology Cisco Systems JEFFREY M. APPLEGATE Lehman Brothers 80 20 0 Technology EMC RICHARD CRIPPS Legg Mason Wood Walker 70 30 0 Financials Allstate CHARLES J. PRADILLA SG Cowan Securities 60 35 5 Health care Eli Lilly GREG A. SMITH Prudential Securities 75 25 0 Technology BDK EDWARD KERSCHNER PaineWebber 63 23 14 - - ELIZABETH J. MACKAY Bear Stearns & Co. 60 35 5 Services Cerner Corp. CHARLES G. CRANE Key Asset Management 65 30 5 Financials Key Corp. ALFRED GOLDMAN Transocean A.G. Edwards & Sons 100 0 0 Energy Offshore J. THOMAS MADDEN Federated Investors 60 40 0 Utilities Conseco RICHARD G. UNRUH JR. Indus. Delaware Investmts. - - - cyclicals - JERRY DOMBCIK McDonald Investments 75 20 5 Technology Elder-Beerman DOUGLAS CLIGGOTT Cons. Anadarko J.P. Morgan 60 25 15 durables Petroleum ROGER DEBARD Hotchkis & Wiley 48 45 7 Utilities New Holland PETER ANDERSON Amer. Express Fin. Adv. 70 10 20 Utilities Northwest Air. RAO CHALASANI Burlington EVEREN Securities - - - Health care Resources EUGENIA M. SIMPSON Kirkpatrick Pettis 70 20 10 Financials Level 3 Commun. MARSHALL ACUFF Salomon Smith Barney 47 48 5 Health care - ANTHONY F. DWYER Speedway Ladenburg Thalmann 70 30 0 Technology Motorsports DAVID A. HENWOOD Raymond James & Assoc. 65 25 10 Technology ABR Info. Svcs. JOHN R. WILLIAMS Bankers Trust 50 35 15 - - MARC DION Ziegler Asset Management 50 40 10 Health care Becton Dickinson G. ELLIFFE, K. MILLS & K. PERRY Jurika & Voyles 60 35 5 Technology AES Corp. EDWARD NICOSKI Piper Jaffray 20 50 30 Health care - JOSEPH H. BARTHEL Fahnestock 80 20 0 Technology Placer Dome ROB BROWN Ferris Baker Watts 50 30 10* Energy Amerada Hess DON HAYS Wheat First Union 70 30 0 Utilities Amgen GEORGE JACOBSEN Trevor Stewart Burton & Jacobsen 50 40 10 Health care HCR Manor Care ROBERT F. DICKEY Dain Rauscher Wessels 50 30 20 Energy Schlumberger Ltd. BILL MEEHAN Cantor Fitzgerald 45 35 20 Energy FDX Corp. AVERAGES 67% 26% 7% *plus 10% in gold DATA: BUSINESS WEEK

RELATED ITEMS

COVER STORY: WHERE TO INVEST IN 1999

COVER IMAGE: Where to Invest in 1999

BUSINESS OUTLOOK

TABLE: Economic Forecast Survey for 1999 (.pdf)

CHART: Economists See a Gloomy Profit Outlook...As World Growth Remains Subdued

FORECASTING: AND THE WINNER IS...

GLOBAL POLICY OUTLOOK

ASSET ALLOCATION

STOCKS

FEARLESS FORECASTERS

INTERNATIONAL FEARLESS FORECASTERS

WORST BLOOPERS & BEST CALLS

BW/HARRIS POLL

BANKING AND FINANCE

TECHNOLOGY

SAFE HAVENS

UNDISCOVERED GEMS

EUROPE

EMERGING MARKETS

JAPAN

GLOBAL GURUS

OPTIONS

SHORTS

THE PROS

MERGERS

MUTUAL FUNDS

BONDS

REAL ESTATE

THE BEST WEB SITES

ART

ARE EMISSARIES VISITING ST. PAUL?

WHY BROOKSTONE IS SUCH A BARGAIN

CHS HOISTS ITS SAILS FOR AMERICA

U.S. EARNINGS OUTLOOK

1999 INVESTMENT OUTLOOK SCOREBOARD

TABLE: Market Forecast Survey for 1999 (.pdf)

THE CLEAREST CRYSTAL BALL OF ALL

Return to main story