The good news is that tech is getting oversold and could stage a rally, but we doubt the rally would last long.
More Quotes from Steven Milunovich:
The average increase looks to be about 3 percent with the Europeans again being more optimistic.Steven Milunovich
The press writes about questionable practices such as excluding option expense from the income statement and the use of pro forma earnings, but few calculate the earnings impact.
Steven Milunovich
Tepid company guidance makes us cautious in extrapolating.
Steven Milunovich
This is the best tech durable goods report we have seen in a while. The book-to-bill increased to 1.07, the best figure since September, while the inventory-to-shipment ratio was flat at 1.14.
Steven Milunovich
At a price-earnings ratio about 85 percent of the market, IBM is not historically inexpensive. Revenue growth will need to hit double-digit for the stock to appreciate.
Steven Milunovich
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Based on Topics: Media & News QuotesWe would change out of costume, then we would read the next days script.
David Selby
You know it's easy here to buy journalists.
Emile Lahoud
I trust it will not be giving away professional secrets to say that many readers would be surprised, perhaps shocked, at the questions which some newspaper editors will put to a defenseless woman under the guise of flattery.
Kate Chopin