Scott Bleier Quotes (12 Quotes)

Those are the segments that have the most powerful organic growth going forward for the next two to three years, minimum, ... You have to steer clear of the very highly-speculative small-cap technology names, those stocks that have been around for a long time and have reinvented themselves over the last year as Internet companies.

Over the past couple of weeks, the move higher in the stock market has been supported by a few big-cap stocks. This is a repeat of the 'Nifty Fifty' in the '70s. While the averages have hit new highs, the bulk of the stocks is moving lower.

A buy-the-dip mentality remains very strong in the minds of the market. Technology stocks are where all the action is, where all the volatility resides, where all the big gains come into play. These are the darlings of the market.

Everybody on Wall Street knew how ridiculous the month of February was, but we still had to be in it, ... We asked ourselves, 'Are these things justified by any measure of valuation' The answer is, unequivocally 'No.' But you have to participate in order to make money for your clients.

No one likes to lose money in technology, ... We marginally broke 3,500 and everybody has been looking for a giant capitulation day. We may not get that but this is a market that is healing.

The correction looks scary, scarier than anything we've ever seen. But it is in direct proportion to the move up. There will continue to be momentum-oriented moves, but for the most part, I think that Nasdaq is in the process of digesting incredible gains and hammering out a consolidation range.

Some people are thinking that technology investing is smack in the middle of the summer doldrums., ... The fact is that technology stocks and Nasdaq have established a near- to intermediate-term trading range, and we're thinking that technology stocks are on their way to the top end of that range, and that's approximately 4,000 on the Nasdaq composite.

These oil stocks that have huge runs, oil exploration, oil services, I think you sell them now and they pull back and stay down for years with the price of oil.

They do wireless and cellular. They make semiconductors and they own the set-top box manufacturer, General Instrument. Broadband is going to be coming into your home via either a cable box or a wireless box. I just think they have it covered her and the fact is they reported their earnings and a little margin squeeze at the time when technology stocks were crashing.

The market is acting like we were just coming out of a recession, ... It's about as tough and confusing on a day-to-day basis because of all this rotation. The market is looking past the (economic) slowdown, past the (presidential) election and out to the

Nasdaq is really a mixed bag. The Fed debate is why the market can't put a convincing rally together.

You'd think it'd be a great idea for a (public) company, ... After all, the big areas of the Internet are basically stock trading, e-shopping and pornography. But you can't really invest in it. And you know, maybe that's the way it should be, quite frankly.