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Letter "J" » Jon Burnham Quotes
«Your high-tech companies won't be hurt very much at all (by tighter credit) but your retail companies will be hurt.»
«I still like the tech sector very much,»
« IBM ?( IBM : Research , Estimates ) is another company which I think is one of great Internet plays in the next three or four years, and one of the differences between IBM and others is they're earning billions of dollars. So I think IBM can be bought. I don't think it's expensive here.»
«The tech stocks are pretty strong and we won't see much change in that,»
«Bob Rubin did not feel he could leave Washington while the global crisis was raging on. And the fact that he's leaving now shows us that he believes the crisis is well under control.»
«a little ahead of itself.»
«I think [investors] are setting themselves up for a tumble, ... There isn't any specific psychological reason why [this mania] should drag the rest of the market lower, but typically they do. You get all kinds of margin calls in these things. People then have to sell other stocks.»
«This is an incredible thing that's going on in these stocks and it's going to continue for a while until something happens to change it,»
«I don't expect any major changes next week. There might be a few big days, a few low days, but at the end of the day the picture will look much the same (as this week).»
«The economy is holding up. We had good employment numbers this morning. In the short term, I wouldn't be surprised to see a rally early next week.»