22 ordspråk av Art Russell

Art Russell

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 Compaq, for example, had too much product and slowed down the rate at which they built new machines.

 From a purely technical standpoint, we could see the Nasdaq falling to 2,500 levels in the near term.

 I get the sense that [Microsoft] would like to settle the case on the right terms. The contract language and exclusionary deals may have been more important when they were trying to catch up to Netscape in the browser market. Now that they're even, it's not that big a deal.

 If Compaq sold AltaVista, the company could get back to fixing their business, but it would be beneficial for Compaq to have a portal site as it provides good revenue streams and continuing synergies within the company.

 If HP can control expenses and restart revenue growth there could be a lot of future upside growth in this stock, even from its current levels.

 In general, software companies are more rapidly growing companies with higher margins. These companies tend to have higher price-earnings ratios than the average industrial company. They have farther to fall when people start getting worried.

 It's a way for Microsoft to leverage the investment they've already made in this technology. I don't know if this move is to appease banks. It's more to allow Microsoft to generate revenue.

 Microsoft needs to defend its turf. If Microsoft turns its back, it could be in a situation where the PC becomes irrelevant. It's important for Microsoft to defuse the situation.

 No surprise on the pre-announcement here. We know the PC industry has been weak.

 People are getting nervous about these stocks. There's a lot of room for a continued downside. The next couple of days could be a good time for long-term investing for bargain hunters.

 People have been on H-P for a while about not being able to generate rapid enough revenue growth, and it's a huge, diversified company -- do we need all these unrelated pieces? And I think by separating away the test and measurement business and the medical stuff, they can focus more clearly on their core strength, and that's the computers and imaging products.

 Pick up these stocks while they're on sale. I think January will be very strong as we survive the whole Y2K issue.

 Take advantage of the volatility that's going on right now. You can liken it to a sale at Macy's. It's a good time to round out your positions while these stocks are down.

 The challenge is to integrate Digital and have an effective enterprise solution strategy going forward. The PC business if fairly healthy, with the exception of the commercial space where there are some pricing pressures.

 The growth rate in the enterprise resource planning applications market is coming down from 60 percent to 40 percent.


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