The Internet stocks are just responding to the rebound in the overall market. They're extremely volatile.
More Quotes from Christine Callies:
Tax cuts would probably flow directly into corporate profits. Companies are lean and mean today, compared with where they were ten years ago and if the economy is going to be stimulated by either tax cuts or new spending, I would prefer tax cuts. I would prefer the approach that is more profit friendly so I guess that means I don't prefer Al Gore's approach.Christine Callies
The uncertain outcome of the U.S. presidential race may delay a fourth-quarter recovery in share prices but should not eliminate it. We believe that potential buyers are waiting for a resolution before implementing their 2001 investment plans.
Christine Callies
Bad news can be good news for equities if the bad news causes the Fed to cut aggressively.
Christine Callies
It's a matter of an investor's expertise and time constraints.
Christine Callies
There's more gamesmanship in this profit-taking than actual concern. Money managers have now had three years of 20-plus percent equity returns. They know this is rare and they are cashing in.
Christine Callies
We're buying technology areas very selectively, ... and we're branching out into an area that we would call tech proxies, meaning there are very often 'old economy' companies that are trying to change their structure so as to be included in the new economy.
Christine Callies
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