(In the case of) Rowan Drilling, I believe there'll be a turnaround in our need to drill for hydrocarbons and this specializes in Gulf of Mexico, |
[As soon as the Federal Open Market Committee wraps up its meeting,] we're going to start worrying about what Act II is, ... Will Mr. (Federal Reserve Chairman Alan) Greenspan have to raise rates again? We'll kind of go back into the whole soup all over again. |
[Both Farrell and Eisen forecast that the major indexes will be caught in the current trading range for some time.] I think there will be extraordinary volatility day to day, ... but at the end of a month or the end of the quarter, very little net change. My guess is that the averages will finish slightly up on the year, because usually you don't have more than two down years in a row. |
[But the chances are unlikely at this point, say analysts.] People will wonder is going to cut rates before the next meeting, ... I think the Fed will not cut before the next scheduled meeting. |
[With more and more people going online,] you're going to need more power, ... That means Intel's going to sell more chips. I think you want to own Intel for the next couple of years because it is the engine of the Internet. |
[Yahoo! is] vulnerable to the extent that they're going to have to do something, ... Not necessarily an outright sale of the company ? so some sort of very close affiliation. |
AIG trades at a market multiple, and it is indeed the best insurance company in the world, in my opinion. But financial stocks rarely, if ever, trade at market multiples, |
AIG trades at a market multiple, and it is indeed the best insurance company in the world, in my opinion. But financial stocks rarely, if ever, trade at market multiples. |
All the bad news is not out yet, and I don't know if we're going to have another round of estimate reductions because the economy seems to be falling away far faster than any of us would expect. |
AMD always manages to shoot themselves in the foot, |
AMD always manages to shoot themselves in the foot. |
as go Intel's gross margins, so goes Intel's stock price. |
Burlington Resources especially is cheaper than the cheapest valuation it's ever had. |
But nobody wants to hear about gains over the next couple of years, |
Does Mr. Greenspan in the recesses of his mind think 'I've got to take back all 75 basis points'? That's what we're going to start worrying about at 2:20 on Wednesday afternoon after we get the 2:15 announcement. |