The key question is whether or not business that's not getting closed is representing postponed business or forgone business, ... The anecdotal evidence is indicating that business is probably postponed.
More Quotes from Arnie Berman:
In the late '90s investors believed that tech was such a great secular growth story that cycles didn't matter. In this rebound, the only thing that matters is the economic context.Arnie Berman
A lot of the best news is associated with the PC industry. Intel has been not just a bellwether in the sense that it's big, but in the sense that technology as an industry has returned to positive year-over-year growth rates, and technology as an industry tends to be delivering more upside surprises than downside surprises these days. Intel started to do that earlier and more substantially than the rest of technology.
Arnie Berman
In terms of the kind of hurdle that Microsoft and IBM have to leap over, the kind of growth they have to deliver is not as significant a bar as it is for Intel.
Arnie Berman
Technology stocks that were once valued on a price-to-possibilities basis are now valued as if history no longer matters,
Arnie Berman
LBO candidates have several characteristics in common healthy businesses, stock prices that reflect little respect, stable cash flows, and potential catalysts to still higher cash flows (cost cutting, asset sales, etc.),
Arnie Berman
There's no unilateral belief about tech stocks. People are confused and somewhat justifiably.
Arnie Berman
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Based on Topics: Business & Commerce QuotesBased on Keywords: anecdotal, forgone
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