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Letter "C" » Charles Payne Quotes
«[Shares of Qualcomm, which rose 2,622 percent in 1999, fell $7.19 to $82.19 Friday.] Fortunes can change and can reverse themselves and I think there is a lot of quality out there both in and out of tech, ... I hope investors aren't so cynical that they don't want to participate.»
«There seems to be some pent-up demand for stocks that wants to be unleashed, ... The percentage gains that can be made here are phenomenal, and no one wants to miss them. It's not so much a knock against the blue chips but the techs represent so much potential down here.»
«Initially it was just shocking that this stock would be downgraded, ... But it looks like we're really starting to get this 'buy on dips' crowd and that's good for the market.»
«It could be really important, especially on the heels of the PPI (producer price index),»
«It will certainly loom as the largest, most influential stat we'll get,»
«Stocks rallied pretty good and they rallied, in part, on the belief that this quarter would bail us out -- and we know that's not the case, ... But this market still wants to trade higher -- even though investors have gotten ahead of themselves, they're still buyers if given the right catalyst.»
«While I applaud the resiliency, you can still see via the volume that there is not widespread conviction,»
«The resiliency of this market is amazing. We're really seeing the individual investor coming back and buying on the dips,»
«I would be surprised if some smart managers don't go near some of the exiting stocks, particularly on weakness in stocks like Unilever -- well-run and has been able to grow through acquisitions. But I don't think anyone can construe this as a no-confidence vote on these stocks that are cut, but just as a different route by the S&P committee,»
«Silicon Labs beat the estimates by 4 cents two weeks ago, and they gave a pretty good guidance,»