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Alan Ackerman Quotes
«Techs have gone from terrific to tepid to terrible,»
«My sense is that the market is responding to the possibility that a meaningful economic stimulus package will be in place soon that will at least shore up some of the shortfall in capital spending,»
«We're carefully watching OPEC. The indication is that crude production, crude daily output is likely to be cut a million to a million and a half barrels,»
«I think for the moment the big chains are running like elephants. They tend to be behind the cheetahs and the panthers, ... I think they lumber along, and I think this is not necessarily the time to move. I think the turnaround isn't going to be as routine or orderly as you might expect. I'd want to stay with the strength right now.»
«That has helped the techs today (Wednesday), ... They have a reasonably upbeat forecast.»
«There are four key elements [affecting the market], and all happen to begin with the letter 'e,' ... The economy, earnings, the Enron spill-off and escalation of border tensions, such as those between India and Pakistan and Israel and Palestine.»
«Enron's quick collapse touched off more aggressiveness by regulators and prompted them to dig more deeply into executive dealings,»
«We've got to be wary of the four T's: tech, telecom, terrorism and timidity, ... We're also in the summer stall. No one is eager to move in. There's a real lack of conviction.»
«Apache has outperformed the market. It's up 9.8 percent so far this year, ... Apache is a driller that also benefits from increased business overseas. That means that the lower dollar is a benefit to them. They've got a big find in Egypt. It's an independent oil and gas company that I think has lots of room to run. I wouldn't be afraid to buy it here. It's been a market leader even over the last 12 months.»
«I think there's some concern with the fact that GE is a tough ship to turn around overnight, and that GE's overall picture still remains attractive, but not overly so,»