This is essentially re-creating the old ATT. But in this environment, the industry has been so weakened, with so many competing technologies, it's a very, very different world now.
More Quotes from Tim Ghriskey:
The stock market is a forward-looking beast, and that's why we are seeing futures dip lower even amid some very strong reports, such as the ones from financial institutions.Tim Ghriskey
There are a lot of investors we find who are hanging on to technology stocks with the hope that they're going to rebound, and that's still a very dangerous thing. We really need the capitulation of those investors. So we still could see more downside on the Nasdaq and in technology.
Tim Ghriskey
It's tax loss selling. I haven't heard of anything else.
Tim Ghriskey
The focus is always on retailers on Black Friday, and early speculation is that concerns about early retail spending are overblown and that we're going to see a reasonable holiday season.
Tim Ghriskey
Its valuation means it's priced for perfection and perfection was not delivered this quarter.
Tim Ghriskey
They are spending heavily to encourage future growth. They've got a lot of competition. Their competitive edge is their brand name and shopping experience.
Tim Ghriskey
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