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Letter "B" » Bill Meehan Quotes
«I think we're in a full-blown mania, especially in the technology sector.»
«I think you'll see healthier and broader advances in the market. Now is the time for optimism.»
«There was a lot of disappointment about revenue. It's especially true for technology stocks - if you don't have revenue growth, people start to question (value), and 10 percent doesn't cut it.»
«I think small investors should probably wait until valuations are more reasonable in the technology stocks.»
«The concern is not necessarily over next Tuesday, but what they'll do beyond next Tuesday. If the market rallies pretty sharply, Mr. Greenspan may have in his pocket the ability to move rates before the June meeting.»
«I think you'll find buyers coming in, with a focus on the tech stocks that everyone knows and loves.»
«It's just a minor piece of the puzzle, but it does show the continued strength of imports - an excessive demand is a problem for the Fed.»
«The sentiment reading still indicates that we haven't seen any bottom. People are still too complacent.»
«I think a lot of people had anticipated May sales would be weak, which is a further sign that the economy is slowing. In general, the outlook for what the Fed is going to do is probably more important to the group as a whole.»
«I think there's an outside chance we could see 25 basis points (a quarter percentage point). But I think it's a long shot at this point and time. What they (Fed) say is going to be more important than what they do.»