(11 quotes found)
“The age-old reaction to Microsoft doing something is 'It's not going to bother us,' but when Microsoft decides to turn up the heat, you really do have to watch out.”
“Folks 'get' the idea of a potential mania on flat panel televisions and that Corning may be one of the few successful large cap ways to play the trend.”
“Third quarter and fourth quarter earnings estimates need to come down dramatically.”
“Absolutely nothing is getting more positive. We need fundamental evidence to spur a long-term rally.”
“No way should Lucent's numbers be viewed as a sign that the business is turning around. They're coming off a horrible base.”
“For tech multiples to significantly reverse direction, investors will need to feel comfortable about fundamentals again...including earnings estimates, IT spending trends, and macro issues.”
“So far there's very little evidence of excess inventory and 1Q 04 expectations seem reasonable to us relative to historical norms.”
“Investors were hoping for some white knight to pop in and save Lucent.”
“Investors are moving from telescopic-themed-excessive-multiple creatures to microscopic-near-term-earnings-fearing-lower-multiple folks.”
“There is probably not going to be a recovery until 2003. I expect the suffering to continue and impact most of the telecom stocks.”
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