“We still think a trough should be reached in the first quarter but to be sure we get a recovery, we should see expectations improving in January or February at the latest.”
“The first quarter should mark the trough in earnings, but judging by the market's negative reaction to recent warnings from the likes of IBM, there's little room for disappointment.”
“Fourth quarter probably marked the trough although we could see an equally weak number in the first quarter.”
“I don't think Sears happened as quickly as Lucent, peak to trough. But it's a valid analogy.”
“Since the ability to refinance or restructure debt is one of the incremental drivers of a profit trough, the importance of this policy change cannot be overemphasized,”
“Since the ability to refinance or restructure debt is one of the incremental drivers of a profit trough, the importance of this policy change cannot be overemphasized.”
“It's really been a progressive decline with a couple of troughs over the last 20 years.”
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