Anadarko is down relatively dramatically in the recent week, ... For value, we think the best name in the group is Chieftain International. |
Bit by bit we are seeing the pieces of the economic mosaic come together that could support a sustained stock market rally, at least in the short term ... But in the longer term, there are still significant questions, no doubt about it. |
But he (Fed chairman Alan Greenspan) also said they're still worried and they're not through tightening. |
Even before Katrina, we were capacity constrained. |
From a cash flow standpoint and a value standpoint, the stock is quite attractive, ... I think those are all compelling arguments for long-term ownership. |
Guidant may see three to six months of tough competitive environment with competitors coming out with innovation, but after that we think they're going to really lead the marketplace with innovation, |
Hopefully we'll see the economy slowing down by the summer and technology will take off. |
I don't believe that the market is ready for serial rate increases. We'll just have to wait and see what is said, but my suspicion is, right on the heels of this meeting . . . it's probably going to be a tug of war. |
I think [Greenspan] had a calming effect once all the returns were in and people had the opportunity to reflect on what he said. |
I think a productive economy is the main thing people should take home with them. This is a unique period in American history. I think we'll look back on it as a time you wanted to own stocks rather than trade stocks. I think, secondarily, corporate America is showing good earnings reports. The second half of this year may be lower than the second half of last year, but they're still robust, probably in the high teens. I think if you focus on financial guide posts, that eventually will drive prices. I think you'll see the market in general do better as the year wears on. |
I think if you're looking for immediate gratification, there's probably no place that's real safe to buy, |
I think it's still emotional and we've seen a manic depressive market. It has very little to do with the economy and my guess is it will wash out at some point ? I think we're getting close here. |
I think most folks are under-diversified, and I'd like to see more names in a portfolio, |
I think the main impact of the election has been a degree of uncertainty. Once we know who the president will be it will be very much like Y2K -- it will come and go. You have to focus on sales and earnings, and those have been pretty robust. |
I think we are in a recovery, but no one ever believes it ahead of time. To me, it's pretty encouraging to see volume expand when the market is going up. And while the news is not improving, the market seems to be holding up. |