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Letter "L" » Larry Wachtel Quotes
«Gimme a break, ... Where do we go from there?»
«In technology, I think the semiconductors, semiconductor equipment makers, and the companies that sell you electronic gear look attractive.»
«I also like Tandy ( TAN : Research , Estimates ). They sell all the electronic gear that is so exciting on the dip.»
«Clearly, the gulf between technology and the rest of the market was so wide it was impossible to sustain. And there had to be a correction somewhere and the correction is under way.»
«...There is no scientific way of determining where the Nasdaq bottom is...the money is flowing into safer havens.»
«We remain in a stimulus vacuum and the underlying motif this week will be the Federal Reserve meeting next week.»
«Getting back to inflation, it is important to note that the producer price Index does not reflect wage pressures -- and that is where the inflation threat really lies.»
«If the Fed is seeking to slow the economy down that's always the conundrum,»
«At this point, the task of the component suppliers is to find enough chips to meet the demand, ... But there's always the psychological turning point as to when you begin to slow the demand down. I think that's the problem. I think it's been overdone, and I think the chip stocks are very good buys here.»
«Translated, the Microsoft ruling was a major event, but it was so predictable as to have little immediate impact.»