Bill Burnham Quotes (9 Quotes)


    People are looking for some indications, what are the core growth rates in the Internet and how is that going to affect the other Internet stocks, and that is why they are so fixated on Yahoo.

    We had revised our numbers up twice and they still beat them. This is a strong indicator that ETrade is going to perform well.

    This was the obvious thing that they should have done about two years ago. I think they lost a lot of ground by being indecisive between now and then. And it's a little disconcerting that they're waiting until December to actually get this up and running.

    They generate the majority of their revenues now from the tax programs, ... Perhaps they're just reiterating their commitment to the Mac platform.

    As for Yahoo, the company has expressed some interest in it privately so it doesn't surprise me, ... Yahoo isn't a financial institution, not a broker dealer, so it'd have to get involved in that to facilitate trade.


    If you watch the first hour of trading, it's like the Wild West, ... There's clearly less hanky-panky going on after the first hour.

    You don't keep customers by insulting them or downgrading them, ... When you're in a meeting with buy-side clients, you say 'This is an investment banking client.' It's a code word for 'I'm not going to be harsh on this client,' or 'You need to read between the lines.'

    You're asking firms to alienate 95 of their revenue-producing assets their brokers for 5 of the business.

    Most sites aren't personalized, because they've only just gotten their basic businesses up on the Web. But we'll see almost all of the major commerce sites offer personalization within the next two to three years.


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