The markets will be relieved once we know the winner. It's more important that there's a clear winner than who wins.
More Quotes from David Braverman:
Its a great story, turning profitable now, ... Their pricing is improving. We look for next year (for the company to post) about 1.80 (a share) in earnings -- about 3 in the following year. So its a very timely item here.David Braverman
I think the market ought to be satisfied with the idea that at least there's not going to be anymore tightening. You know, it's only a couple months ago that people were saying the Fed was going to tighten all through the fall. So now that it looks like they're not, people are saying, wow, maybe they'll ease now. But I think that is quite a way off, probably some time next year.
David Braverman
The second piece is the volume, (which tells you) how many shares were actually part of this trade. The third part is the price at which the trade was transacted.
David Braverman
These are high-tech filters that are made in the manufacture of biotechnology items, and also in semiconductor equipment manufacturing, and there's a little bit of demand going on there. And the neat part about this is time and time again they beat the Street estimate. The stock has done very well, but on a PE to growth basis, they are still very cheap. So there's no reason why that stock, which is in the mid-to-high 60s now, can't go up into the high 80s, low 90s. Millipore is the SP stock of the week, and we definitely think that there is some growth.
David Braverman
I think there's a little bit of negative sentiment in the market. Back-to-school sales at retailers were not especially great, and that put a little damper on things. People start focusing on valuations, which is an old story. But valuations are still, you know, pretty high,
David Braverman
Readers Who Like This Quotation Also Like:
One of the best things to do sometimes is simply to be.Eric Butterworth
I don't even think about a retirement program because I'm working for the Lord, for the Almighty. And even thought the Lord's pay isn't very high, his retirement program is, you might say, out of this world.
George Foreman
Babies act out when they're hungry, cold, tired. They do this for survival.
Marilu Henner