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Letter "B" » Bill Meehan Quotes
«I think the strong snap-back we've seen might be a bit unnerving. It depends on whether (Fed chairman) Mr. Greenspan wants to shake things up.»
«I think it's just people doing some positioning ahead of the end of the quarter and taking advantage of the pullback.»
«The market is having a little trouble making up its mind. We'll probably waffle around a little but the tone of the market should improve as the earnings continue to come in.»
«We got a double dose of good news. The Yahoo! revenues and earnings were better than expected, helping to pump some life into the dreary internet group and we continue to get a trickling of second-quarter earnings.»
«The only thing he's likely to say any different would be during the question- and-answer phase -- and that probably won't amount to a whole heck of a lot.»
«The problem is (Cisco) was the big focus of attention. It's not good when you get positive news and there's (little) response. I don't think it bodes terribly well for the tech group.»
«The problem there was that they said the next quarter was going to be impacted by changing accounting procedures and their guidance going forward was not particularly upbeat.»
«Investors are less concerned about technology valuations and more concerned with finding places to put money that won't have earnings disappointments.»
«As a sector, technology will provide earnings growth irrespective of the economy slowing to a point that would impact other companies that are sensitive to the economy one way or the other.»
«It's light, and people are looking for anything to do. I think you'll continue to see money move into the tech group because that's where all the performance has been.»