You have to be completely deaf, dumb and blind to think that anything with '.com' on it is your ticket to fame and fortune.
More Quotes from Bill Meehan:
It's just a minor piece of the puzzle, but it does show the continued strength of imports - an excessive demand is a problem for the Fed.Bill Meehan
I don't think it's the end of the bull market of the 90s, but it looks like we're in for some stormy times in New York. The market tends to go to the extremes. A month ago everybody saw everything as being perfect. On the down side, we'll see everyone saying everything is terrible. We're probably somewhere in between.
Bill Meehan
I think you'll see healthier and broader advances in the market. Now is the time for optimism.
Bill Meehan
In the past Greenspan has implied market valuations are OK. as long as earnings growth is sustained. But there's a lot of concern valuations are too highand now we've had a couple of earnings warnings.
Bill Meehan
People are doing a little rotating into some groups that have been lagging a bit. The analysts have been out flogging their favorite Internet stocks in the past couple of days.
Bill Meehan
I think a lot of people had anticipated May sales would be weak, which is a further sign that the economy is slowing. In general, the outlook for what the Fed is going to do is probably more important to the group as a whole.
Bill Meehan
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