(AT&T) soured the tone. People are trying to get a sense of how bad things will be (with Microsoft) and they're stepping aside to see if technology is still accelerating on a profitability basis. |
Abbott . . . we just upgraded, ... Abbott is actually accelerating its earnings - (it's a) very strong story at a very good multiple. |
And no influence from nowhere will keep me from doing what's right. |
And that certainly is frustrating. |
Both cream and scum can rise to the top, unfortunately. This lower-quality stuff that's going higher isn't doing it on fundamentals. |
December, as the last month of the quarter and the last month of the year, is true- confessions month. For the first time we are seeing real, numerical signs that Asia is having a bigger impact on earnings than we expected. |
Despite higher interest rates, we're seeing an economy that is not slowing down, |
Earnings can be bad and the market can do very well, |
Everyone knew the Fed was going to come in and do something sooner or later, ... We're no longer speculating on whether the Fed is going to cut rates. My guess is we are at the point where every move by the market will be answered by the Fed. |
Fear, greed, loathing aside, (the question is) does the economy slow down before inflation shows up. The trick is to watch these things continuing. |
Get the car number, get the officer's name and tell the truth, ... We are trying to do something about this, but we have to do things peacefully. |
Greg is at home, and he's improving, |
He's doing much better, ... He's coming along very well, considering. I went to see him (Sunday), and he was in good spirits. |
Here's a real growth story, ... They have good technology and more importantly they have new technology. And as you see those parts go out the door, you'll see the earnings accelerate. |
Hewlett`s accelerating, ... That kind of multiple, that kind of history, and that kind of infusion of new blood. That sounds like a pretty good story to me. |