“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.”
“I don't think Sears happened as quickly as Lucent, peak to trough. But it's a valid analogy.”
“Fourth quarter probably marked the trough although we could see an equally weak number in the first quarter.”
“This should preclude valuations from retesting previous troughs of this year, making the stocks very attractive following the pullback of the past week.”
“If I'm ringing it like a dinner bell, you've got both feet in the trough, because you have raised five times more money in Washington than I have,”
“It's really been a progressive decline with a couple of troughs over the last 20 years.”
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