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Our sense is that ordspråk

Our sense is that expectations are now so depressed that we are likely to see more upgrades than downgrades from this level. It has not been such good value since 2003.

By the end of the first quarter you will have had upgrades to profit forecasts, upgrades to GDP forecasts and upgrades to peoples expectations for the performance of European equities into the balance of the year.

We are seeing more analyst downgrades than upgrades, ... Loss of earnings momentum in Europe is weighing.

We are seeing more analyst downgrades than upgrades. Loss of earnings momentum in Europe is weighing.

Downgrades outweigh upgrades and fear outweighs greed. This is not a market that can weather uncertainty and it's been pretty brutal.

Terence Gabriel

The shares have had a good run, but numbers are at the bottom range of expectations and people were pricing upgrades into the market and those haven't been delivered.

The shares have had a good run but numbers are at the bottom range of expectations and people were pricing upgrades into the market and those haven't been delivered.

Overall, the results are in line with expectations, but the outlook is disappointing, and there could be some modest 1-2 percent downgrades to earnings forecasts.

Overall, the results are in line with expectations, but the outlook is disappointing, especially Austria, and there could be some modest 1-2 percent downgrades to earnings forecasts.

I don't see anything next quarter that will result in massive upgrades. Coming out with new colors is not going to drive a substantial number of upgrades. Going from blueberry to ruby is not a good reason to replace your machine.

I don't see anything next quarter that will result in massive upgrades, ... Coming out with new colors is not going to drive a substantial number of upgrades. Going from blueberry to ruby is not a good reason to replace your machine.

The Present Situation Index continues to hold steady at a four-and-a-half year high (August 2001, 144.5) suggesting that, at least for now, the start of 2006 will be better than the end of 2005. However, consumers are growing increasingly concerned about the short-term health of the economy and, in turn, about job prospects. The Expectations Index is now at its lowest level in three years (March 2003, 61.4), excluding the two months following Hurricane Katrina. If expectations continue to lose ground, the outlook for the remainder of 2006 could deteriorate.

The stock's run very hard into the result on expectations of earnings and valuation upgrades. It's now unlikely those will come through.

The nature of the game is meeting your expectations. If if you meet your expectations, you are a winner. If you exceed your expectations, you're a winner. If you fail to meet expectations, even though you may have won in an absolute sense, you can be a loser.

Hugh Winebrenner

This is my depressed stance. When you're depressed, it makes a lot of difference how you stand. The worst thing you can do is straighten up and hold your head high because then you'll start to feel better. If you're going to get any joy out of being depressed, you've got to stand like this.

Charlie Brown

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Ord värmer mer än all världens elfiltar.

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