There's a lot of game playing going on right now, ... The two parties are digging in the trenches, and digging in on their positions. The judge knows that Microsoft will appeal, and the tougher the penalties imposed on Microsoft by the judge, the more likely it is that the appeals court will modify them.
More Quotes from Ulric Weil:
I think it's a great idea. Why not participate in some of the buzz surrounding the Internet stocksUlric Weil
AOL knows how to play it cool. It's not going to tip its hand until it knows an offer is real.
Ulric Weil
If you really drill down and look at what's going on, you will find, particularly when it comes to the consumer part of the sector, that there's an inventory buildup in the channel, ... So sooner or later, the channel stops ordering. There are no miracles here. The market is maturing, the product is becoming 'commoditized,' and these are very difficult times for these vendors.
Ulric Weil
Currency is overshadowing the multinationals, the tech multinationals, whether it's Cisco Systems or Oracle or Sun Microsystems or IBM. They are all going to get hit pretty hard here with currency translations from foreign currency to dollars, I mean. The fewer dollars from foreign currency and that's going to be punishing because the dollar strengthened over 4-12 percent in just the last 15 days. That's unheard of. That's a record, almost. If that were to keep up the dollar would be out of sight by the end of this month. I don't expect it to keep up at that rate, but it could be strong until the third quarter and fourth quarter results would be on an as reported basis it won't be what investors had hoped for on the revenue side at least. EPS will be protected to some degree. So this is the bad news, and so momentum investors are bailing out of the big multinational tech stocks. And where are they going to go That's the key question,
Ulric Weil
For people who are not as daring as the momentum investors who have driven some of these Internet stocks to unbelievable heights, I would advise that they stick with more conservative
Ulric Weil
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