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Wall Street analyst Byron Wien guardedly optimistic on Pittsburgh's outlook.

Knight Ridder/Tribune Business News, July, 2004

By Alana Semuels, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News

Jul. 14--Byron Wien is in the business of prophesy. As senior U.S. investment strategist on Morgan Stanley's equity research team, he peers into the cloudy crystal ball of the stock market and delivers predictions for the business world.

If past is prelude, the business world would do well to listen. The Morgan Stanley analyst was named North America's most-read analyst in 1998, and the most-read analyst worldwide in the fourth quarter of that year, by the analysts tracking firm First Call Corp.

At lot of followers tap into his annual forecast, "The Ten Surprises for the New Year," which he has released at the beginning of each year since 1986. The...

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