You've got companies that are going to continue to be volatile for quite a while because most of them are being bought on expectations of an improvement in the future, rather than solid current earnings.
More Quotes from Kent Mergler:
This is an extremely high quality company that's well managed and sticks to its knitting. Fundamentally, it has just been beautiful. If you can have a portfolio full of this type of stock, you'd have a lot less gray hairsKent Mergler
Assuming the problems are no worse than what we've seen to date, you can make a case for a recovery. But that's a higher risk than we're willing to take.
Kent Mergler
The whole market is in the doldrums waiting for something, probably some sort of movement on Iraq. And it's year end, too, so there's probably a lot of tax-loss selling going on.
Kent Mergler
Some of the worst companies have been the best performers. But a lot of the recovery in the poorer-quality companies was just relief that they survived. We're finally starting to see some better action in the higher-quality names.
Kent Mergler
The two companies are similar, but Symantec has been a more consistent performer. I just do not have a high degree of confidence in Network Associates.
Kent Mergler
We own L-3 because it's a good solid stock as opposed to being part of an industry theme play, ... The defense industry has the wind at its back now but most companies don't have the earnings consistency we're looking for.
Kent Mergler
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