I think technology stocks are in for a correction, but it's a perfectly normal correction. This is a seasonably weak period of time.
More Quotes from Vincent Farrell:
I think the basic fundamental underpinnings are very sound. The banking system's sound, there's no near-term crisis to be had. It doesn't mean the stock market's not overextended - which I believe it is and is due for some sort of setback. But I don't think it's 1987 all over again.Vincent Farrell
We just finished the worst month we've had in seven years. Last week was a particularly bad week, with the SP being off about 2.5 percent and a lot of people being on vacation. It just sets the stage for a bit of a bounce back today.
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
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.
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
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Based on Topics: Time QuotesBased on Keywords: seasonably
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When your mother asks, "Do you want a piece of advice?" it is a mere formality. It doesn't matter if you answer yes or no. You're going to get it anyway.
Erma Bombeck
Anthropologists are a connecting link between poets and scientists; though their field-work among primitive peoples has often made them forget the language of science.
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