I think, on balance, earnings are up between 13 and 14 percent on revenue growth of about 8 percent. That's nice, very healthy, but not something to start a brand new leg of the bull market on.
More Quotes from Vincent Farrell:
This market is acting just like late stage bull markets have always acted in the past. What we have here are stocks that represent growth, not value. We have fewer stocks advancing and fewer groups, although it's broadening a little bit.Vincent Farrell
Now there would be a lot of people that would argue they are worth it. I would say, okay, maybe they are. But, gosh, if there's a stumble... if you're trading at more than twice your growth rate... the down side becomes horrific.
Vincent Farrell
What the success of America Online has to be is to generate additional advertising revenue. They can only up the subscriber fee so often.
Vincent Farrell
I think technology stocks are in for a correction, but it's a perfectly normal correction. This is a seasonably weak period of time.
Vincent Farrell
So I think when they report today, you want to take a look into the numbers and see what the ad revenues were for last quarter and, indeed, as this year progresses.
Vincent Farrell
Readers Who Like This Quotation Also Like:
Based on Topics: Balance Quotes, Health QuotesOhio claims they are due a president as they haven't had one since Taft. Look at the United States, they have not had one since Lincoln.
Will Rogers
Most of the locks and dams on the upper Mississippi River system are over 60 years old and many are in serious need of repair and rehabilitation.
Ron Kind
Beauty will be convulsive or will not be at all.
Andre Breton