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Talking Stocks: Geddes
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June 6, 2000: 3:45 p.m. ET
M.D. Sass portfolio manager says Aspen Tech, CMGI are good buys
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NEW YORK (CNNfn) - Annette Geddes, portfolio manager at M.D. Sass, said Tuesday that Greenpoint Financial and other S&L stocks should be good buys if the Federal Reserve has stopped raising interest rates, Aspen Technologies should rebound over the summer and CMGI is good for the long haul.
 Every day at 1 p.m. ET, CNNfn viewers are invited to call in to the "Talking Stocks" segment and ask equities questions of the guest expert. The toll-free number is: 800-304-FNET.
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Name: John, New York
Question: Greenpoint Financial (GPT: Research, Estimates). What do you see in the short term and in the long term for Greenpoint Financial? How do you think it and other smaller financial stocks will perform in the current environment?
Answer: Greenpoint and the other savings and loan stocks are poised to go higher in the current market environment, if indeed we have come to the end of the string of Fed interest rate hikes.
Name: Iyer, India
 Question: Aspen Technologies (AZPN: Research, Estimates). What do you think is the prospect for this stock? It has come down from a high of $48.
Answer: Like most tech stocks, Aspen is off of its early March highs, when the valuation was a little stretched, but with a strong product cycle and good earnings outlook, the stock should rebound over the summer.
Name: Joe, Texas
Question: CMGI (CMGI: Research, Estimates). What are the three-month and 12-month prospects for CMGI? Is it a good buying opportunity at $60?
Answer: CMGI represents a good long-term buy at the $60 level. It's a publicly traded holding company for new internet companies and should be rewarding for the patient investor looking out over the next 12-to-24 months.
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-- compiled by Staff Writer Mark Gongloff
* Disclaimer 
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