I hope when the Internet bubble bursts -- and it will burst because all these manias eventually do burst -- what I am hoping is when it bursts it does not spill back over into the market. |
I kind of want to shut my eyes and buy these things and...a year or two from now, I`m going to make significant gains regardless of what the market does in the interim, |
I like financial stocks, but not banks, ... As a rule you have to be very cautious, because if the economy is softening, you don't know the extent of the loan loss reserves they're going to have to ante up for loans that go bad in a soft economy. |
I like the fact that it's almost done. They are finally doing something but for seven years, the Japanese have not gotten it. |
I like the guys that are located in Bermuda, because they have a tax advantage, ... All three are trading very close to book value, all three are trading between eight and 10 times earnings. I'm early on these, but I think we're going to have significant gains over the next couple of years. |
I think BellSouth looks very attractive. I think this is a terrific business with very good management, broad, diversified portfolio businesses, ... I think AT&T Wireless looks very attractive at this $9 price. And you mention these names, people just cringe but that's probably a good sign. |
I think Dow 10,000 is probably on the sidelines for now. |
I think it's a rally in a bear market. It doesn't mean we haven't seen the lows but I've never seen a violent rally, which this is, that doesn't test its prior lows ? it's going to happen sometime in the second quarter. |
I think it's going to be a difficult year, ... We're undergoing a change. I think the markets will broaden and some tech stocks will suffer. In my opinion, they've reached a point of absurd valuation. These stocks are going to give up the ghost with money going into other stocks. |
I think it's going to be a difficult year. We're undergoing a change. I think the markets will broaden and some tech stocks will suffer. In my opinion, they've reached a point of absurd valuation. These stocks are going to give up the ghost with money going into other stocks. |
I think the bloom is off the rose of the very, very richly priced 'new economy' stocks, |
I think the bloom is off the rose of the very, very richly priced 'new economy' stocks. Many of these are terrific companies, many will be here a few years from now. But I question the prices that they all got to. |
I think the Fed is done hiking, but this economy has shown great resilience, so it's far too early to call for a decline in interest rates. I think the Fed's out of the picture for now, |
I think the Fed is done hiking, but this economy has shown great resilience, so it's far too early to call for a decline in interest rates. I think the Fed's out of the picture for now. |
I think the market tends to rally in front of a Fed meeting, ... I think what is going to happen is no action (to raise rates), hawkish comments and the rally fades, because what you then have to turn your attention to is what will earnings be. If growth goes from 5.5 percent to 3.5 percent, earnings are going to slow. |