The real strength in the market in 2003 was from small-cap and mostly busted companies. It was a huge sigh of relief that many unprofitable companies did not go out of business. |
The stock is expensive but you'd expect it to be expensive. We consider it a core holding. |
The strongest segments of the market are healthcare, financials and consumer discretionary. We do think there's more upside there, |
The two companies are similar, but Symantec has been a more consistent performer. I just do not have a high degree of confidence in Network Associates, |
The two companies are similar, but Symantec has been a more consistent performer. I just do not have a high degree of confidence in Network Associates. |
The whole market is in the doldrums waiting for something, probably some sort of movement on Iraq. And it's year end, too, so there's probably a lot of tax-loss selling going on. |
The whole market will continue to be influenced by the war. For the most part, the tech stocks are still in a significant recession than the rest of the economy. It's going to be selective stocks that are going to be leaders. |
This is an extremely high quality company that's well managed and sticks to its knitting. Fundamentally, it has just been beautiful. If you can have a portfolio full of this type of stock, you'd have a lot less gray hairs |
This suit has been about placating competitors, not benefiting consumers. |
We are not heavily invested in tech and are not likely to be so until we see fundamental progress. We've always selected companies with strong earnings growth and most technology companies don't have that at this point. |
we get some sort of visibility on Iraq. |
We own L-3 because it's a good solid stock as opposed to being part of an industry theme play, ... The defense industry has the wind at its back now but most companies don't have the earnings consistency we're looking for. |
We're as curious as everybody else to see what happens when the new year starts. |
We're in the period when everyone is trying to define what the future is. The perception of it changes on a daily basis. |
When you are selling a $20,000 item, it's not unusual to have financing arm, |