It's the same old story. It's Nortel and BCE. Dynamite earnings out of both of those and the stocks just roared ahead. And so went the market,
More Quotes from Kate Warne:
We finally saw a rebound. We finally saw some buying again. We didn't see any real bad news, there is no downgrade of any tech stocks so I think the market finally didn't have anything negative.Kate Warne
It's a good day led by Nortel surprise, surprise. I had expected that (Canada) would be down today because of the inflation report.
Kate Warne
It sounds like it's pretty much what we'd expected at this point. But everybody is still worried about how long the consumer can sustain the economy. So the fact they are only up a tenth of a percent, people are beginning to worry whether the consumers are really going to slow down, and the economy with it.
Kate Warne
What we saw today was people deciding that the non-technology sector really held some good values,
Kate Warne
People are selling everything, and that is different because it suggests a lack of attention to which companies are going to be fine. This could be a good sign for the market to start moving higher, not necessarily tomorrow, but as we get toward the end of this.
Kate Warne
The fast-growing small technology companies basically ignored the Fed's warning of higher interest rates.
Kate Warne
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Based on Keywords: bce, dynamite, nortel, roaredA computer does not substitute for judgment any more than a pencil substitutes for literacy. But writing without a pencil is no particular advantage.
Robert McNamara
Nobody likes to hear it, because it's dull, but the reason you win or lose is darn near always the same - pitching.
Earl Weaver
I feel like God has forgiven me of so much, that I will forgive everyone who has hurt us.
Jim Bakker