With or without war, capital spending remains down, negatively impacting company earnings. The scapegoat factor is real, ... Companies can point to war jitters and probably get away with it. In this patriotic world, no one will turn around and say they're wrong.
More Quotes from Roger Kay:
It's the reason why HP bought Compaq. They had pretty much the same portfolio but they married to create bulk. And if Time Warner gets the right price, then AOL is available. But I suspect that they are looking for a partnership in AOL.Roger Kay
They're not just the company that made the box, they're the people that sold it to you.
Roger Kay
They have a huge cash flow that finances a whole city of people, and yet where you can grow from there is actually fairly limited. Microsoft's stock price isn't going anywhere, and in that environment, politics that were background noise rise to the foreground.
Roger Kay
the rest of the industry has margins in the teens on a good day.
Roger Kay
The argument in favor of thin clients gets better all the time,
Roger Kay
It's always worrisome when a company has an unsustainable multiple that implies continued growth rates that'll be hard to achieve.
Roger Kay
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