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Al Goldman Quotes
«My feeling is the economy is going to slow, either on its own or by the Fed. If you think interest rates are going to be raised steadily, that's not good for anybody, but a modest increase does not hurt technology.»
«When you throw rotten tomatoes at a queen bee like Cisco, it splashes over on everyone else.»
«We do not think the Fed will raise rates at their meeting at the end of this month.»
«I think the main thing that's going right for the market is that we still have a very healthy economy, with rising earnings and benign inflation. On a technical side, I think the correction ended three weeks ago. The market has been slowly recovering its sea legs. We had five days up in a row on the Nasdaq composite, and that is the reason why the profit taking yesterday. But the big picture still remains very positive,»
«There's only one reason to buy stocks and that is to participate in a company's growth of earnings and I don't know any sector of the economy that offers superior growth prospects looking out two, three, four, five years than technology and selected Internet stocks. It's been working for 10 years now and I'm not going to buck a trend like that. You buy dips. We had one heck of a dip that reached a crescendo last week and people who bought Friday or early Monday have reaped very nice profits.»
«Nobody knows that -- including the Fed,»
«A wet blanket was provided by the Palm offering.»
«The numbers are very significant for the markets,»
«You are getting some long-overdue profit taking in the technology sector, and the cyclical stocks are having their day in the sun.»
«The market got itself deeply oversold after six months of correction. Now people are looking at fact rather than fiction and seeing the economy has already slowed to a healthy and sustainable rate.»